Cheapest Places to Live in Hawaii – 5 Affordable Spots in Aloha State | Schmidt Movers (2024)

Country Guides September 8, 2020

Cheapest Places to Live in Hawaii – 5 Affordable Spots in Aloha State | Schmidt Movers (1)

Michael Vaughan

Moving through the Bay Area, Michael works as a freelance writer in the moving and transportation industry.

Cheapest Places to Live in Hawaii – 5 Affordable Spots in Aloha State | Schmidt Movers (2) Cheapest Places to Live in Hawaii – 5 Affordable Spots in Aloha State | Schmidt Movers (3)

Hawaii is one of the most breathtaking states in the US. The magnificent landscapes, beaches, and exciting outdoor activities make it an appealing destination for travel and relocation. We are all familiar with the high cost of living there, but don’t let it stop you from relocating. Here, you’ll find a list of thecheapest places to live in Hawaiito give you an idea of where you should look for your new home.

Hawaii – The Most Expensive State?

Let’s address the most frequently asked question:Can you live in Hawaii for cheap?

While it is true that most things cost 30% percent more than the US average, and that this is considered to be the most expensive state to reside in, it is possible to find spots that are much more affordable than you’d expect. So the answer is yes, you can live in HI without going broke.

However, if you want to stay on budget, you will probably be looking to relocate to a smaller town or less busy areas of bigger cities. If you’re attracted to the peaceful Hawaiian nature, living in a smaller city might be an ideal option as you’ll save up and enjoy your peace and quiet. It’s especially beneficial if you’removing with dogs– they’ll have all that nature to enjoy.

Cheapest Places to Live in Hawaii – 5 Affordable Spots in Aloha State | Schmidt Movers (4)

How expensive is it?

How Much Money Do You Need to Live Comfortably in Hawaii?

Once you decide on how much you’ll be paying for yourmoving servicesand additional moving costs such asstorage, packing, and so on provided by your chosen international movers, you’ll need to organize your living budget for when you arrive. The amount you need for a comfortable life will vary depending on the island and the city you choose.

If we look at the overall cost ratio,Oahu is the most expensive island. The reason for this is that Oahu is the business center of Hawaii, with the majority of people living there due to job availability.The US Census Bureauestimates that the median household income on Oahu is $74,500, showing that the salaries are significantly higher than on other islands. Nevertheless, housing on Oahu is costly, especially in large business cities. For example, take Honolulu’s rental value of a 2-bedroom apartment of $2,000 per month, which is 55% more expensive than housing on the Big Island. This is not surprising, as Honolulu is one of the most popular destinations and a business center.

Generally, thelowest housing costs are on the Big Island, which is considered the cheapest Hawaiian island to live on. However, the median household income is $52,000. If you’re a driver and plan onshipping a car, you should be aware that gas prices on the Big Island are around $2.50/gallon, which is relatively acceptable compared to Maui, where the prices range around $3.50/gallon.

To conclude, the amount that you’ll need really does depend on your place of choice as well as your utilities and additional costs. So before you relocate, check out thecost of living for the city or countyto make sure your income will cover the costs.

Cheapest Places to Live in Hawaii – 5 Affordable Spots in Aloha State | Schmidt Movers (5)

Make sure to check costs for your future home.

5 Most Affordable Places to Live in Hawaii

Here we have compiled a list of five most affordable places to live in HI, based on utility, housing, general costs, and livability. Maybe one of these towns is where you might want to relocate to:

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1. You’ll Love Hilo!

Hilo is considered the gateway to theHawaii Volcanoes National Park, which is the home of the world’s most active volcanoes. It also has various natural reserves, such as Liliuokalani Gardens, Japanese gardens and parks, and Wailuku River State Park, which is known for its rainbow falls, as well as numerous beaches for your outdoor enjoyment.

The city is located on Bing Island, HI,and has many shops, restaurants, museums, and art galleries. While the extremely rich inhabit this city, the average home price here is actually about $318,000, which is almost half of the Hawaiian average. Surprisingly, thecosts in Hilo are 28% lower than the state average. You’ll definitely find living options that fit your budget here as Hilo can be considered as the cheapest place to live in Hawaii.

If you’re interested to know more about Hawaii’s Volcanoes National Park, check out this video.

Cheapest Places to Live in Hawaii – 5 Affordable Spots in Aloha State | Schmidt Movers (6)

2. Want to Be Close to the Beach? Kaunakakai Might Be for You

Kaunakakai has37% lower living coststhan the national average. However, you need to be aware that to live in Kaunakakai means going off the grid and experiencing the real Hawaiian lifestyle. The town is located on Molokai and has some of the best beaches in the Aloha State. It is a historic town with a scarce population, and due to the lack of job opportunities, it is recommended to those who can work remotely or from home. If you’re a person who likes to be isolated and enjoy your peace, this might be just the city for you.

3. Kailua on Hawaii Island Could Be Your Dream Place

Kailua Kona is located on the HI, not being confused with Kailua on Oahu, which is way more expensive. Thecost of living is 11% lower than the average, with food and utilities slightly higher than usual, for the most part. However, housing is cheaper; you can purchase a house for just over $500,000. North of the coast, you’ll find amazing beaches and famous golf courses if you are interested in that. The city is also the home ofKona Coffeeif you’re a coffee addict!

4. Waimea on Kauai is a Perfect Place if You Love Small Towns

Waimea is located on Kauai, on the north shore between the beach and the Waimea Cannon. It has 22% lower living costs than the Hawaiian average. The town is rather small and has a variety of restaurants, only two supermarkets, and a few local businesses. The housing is cheaper; the median home cost here is just under $400,000. Utilities and food are also less expensive than the Hawaiian norm. The local population is around 1,800 people, so you’ll quickly get to know your neighbors.

5. Waianae Is a Great Choice If You Wish to Live on Oahu

Waianae is an excellent choice for moving if you want to stay on Oahu becauseyou’ll be able to frequent Honolulu. While Waianae is more secluded, it’s close to Kapolei, so don’t worry too much about groceries and restaurants. The overall costs are 11% lower than the Hawaiian average, and you’ll be able to purchase a house for around $322,000. It has the most fantastic beach and natural landscapes.

Ready to Move to Hawaii?

Aloha State is one of the most beautiful places in the world. If you’re planning on relocating, you should definitely consider one of these cities as your primary destination. Surrounded by the enticing Hawaiian nature, each one of them has much to offer while being reasonably priced and full of adventure. We hope that our list gave you some insight. Call your chosen international moving company today, and best of luck and safe travels!

Cheapest Places to Live in Hawaii – 5 Affordable Spots in Aloha State | Schmidt Movers (2024)

FAQs

Cheapest Places to Live in Hawaii – 5 Affordable Spots in Aloha State | Schmidt Movers? ›

What's the most affordable Hawaiian island to live on? The Big Island. With Hawaii's lowest average cost of living (according to MIT's Living Wage project), lowest fair market rents, and lowest typical yearly expenses, the Big Island can be the most economical island in Hawaii.

What is the most affordable Hawaiian island to move to? ›

What's the most affordable Hawaiian island to live on? The Big Island. With Hawaii's lowest average cost of living (according to MIT's Living Wage project), lowest fair market rents, and lowest typical yearly expenses, the Big Island can be the most economical island in Hawaii.

Where is the cheapest and safest place to live in Hawaii? ›

Kapa'a, Kauai

This affordable place to live in Hawaii is a favorite among families, thanks to its safe neighborhoods and great schools like St. Catherine School, Kapa'a Middle School, and Kapa'a High School.

Can I live in Hawaii on $2000 a month? ›

A one-bedroom apartment or home can range from about $1,500 to more than $2,000 per month and a two-bedroom apartment or a house will start at $1,800 per month. Looking at a luxurious, new one-bedroom condo? Expect to fork out at least $3,000 a month.

What is the cheapest way to live in Hawaii? ›

Cheapest Places to Live in Hawaii
  • Pahoa. The cheapest place to live in Hawaii is Pahoa. ...
  • Pahala. The second-cheapest place to live in Hawaii is Pahala. ...
  • Kurtistown. Kurtistown is another affordable place to live on the Big Island. ...
  • Kaunakakai. ...
  • Keaau. ...
  • Hilo. ...
  • Waianae. ...
  • Kahuku.
Jan 18, 2023

Where do Hawaii locals move to? ›

Many, like the Purdys, have headed to Las Vegas. According to 2021 population estimates from the U.S. Census Bureau, the biggest growth of Native Hawaiian and other Pacific Islander populations was in Clark County, Nevada, which includes Las Vegas, and Sacramento County, California.

What is the least expensive tropical island to live on? ›

Dominican Republic, Belize (the only English-speaking country in Central America), Costa Rica, and Panama are a few of the most affordable islands to live on and double up as top destinations to visit.

Why is Hilo so cheap? ›

Lower Tourist Population = Lower Prices

The Big Island is filled with stunning attractions and exciting activities, many of which are present on the Hilo side, but most tourists plan their stay around the resorts and hotels along the western side of the island.

What time of year is least expensive for Hawaii? ›

Generally, the most affordable rates for both flights and hotels in Hawaii will be primarily during the fall and somewhat so during the spring. For accommodations, the months of September through November (sometimes into early December) offer the best hotel deals, again excluding Thanksgiving.

Is it cheaper to live in Hawaii than United States? ›

According to a study by Payscale.com, the cost of living in Honolulu, Hawaii is 88% higher than the national average with housing clocking in at 202% higher than the national average.

How do locals afford to live in Hawaii? ›

For example, there are many multi-family units here on the island in which families live with in-laws or grandparents on the same property. Some even opt for accessory dwellings that are meant for their in-laws to live on property with them. These connections help small families afford the high cost of living.

Can I move to Hawaii without a job? ›

Yes, you can. Many newcomers do just that. Even so, you will have to find a job as soon as possible due to the high living expenses. The exceptions are remote workers who bring their job with them and retirees.

What is a good hourly wage in Hawaii? ›

As of Jul 14, 2023, the average hourly pay for a Hourly in Hawaii is $19.31 an hour. While ZipRecruiter is seeing salaries as high as $27.22 and as low as $14.87, the majority of Hourly salaries currently range between $18.41 (25th percentile) to $22.16 (75th percentile) in Hawaii.

What would be the only downside of living in Hawaii? ›

One of the greatest challenges of living in Hawaii is the high cost of living. The islands are popular tourist destinations, which drives up the cost of housing, food, and other essential goods and services.

Is it worth it to move to Hawaii? ›

Although it's a more complex transition than a relocation on the mainland, moving to Hawaii offers plentiful rewards: beautiful weather year-round, easy access to miles of gorgeous white sand beaches, abundant outdoor activities, and, of course, Hawaii's unique aloha spirit that infuses the local culture.

What salary is needed to live comfortably in Hawaii? ›

According to the Hawaii Department of Business, Economic Development & Tourism's (DBEDT) self-sufficiency income standards, the average resident needs to make $17.63 per hour in 2020 to enjoy a living wage. This would cover expenses like housing, food, transportation, healthcare and other expenses.

Which island is best to move to in Hawaii? ›

If you want lush landscapes and a laid-back old Hawaii lifestyle, Kauai may be right for you. If amenities, urban life, and spectacular surf are your preferences, you may like Oahu. If you like rural living but also might enjoy some amenities and tourists along with beautiful landscapes, Maui may be your place.

Can you freely move to Hawaii? ›

In 1959, Hawaii officially became the 50th state. As a result, anyone who has the ability to legally live in the United States—including citizens and permanent residents—can move to Hawaii. Legally, it's just like moving to any other state.

Is it realistic to move to Hawaii? ›

The pleasure of living in paradise comes at a cost, and if you're not doing your research before a move, you can experience some sticker shock after moving to Hawaii. The Hawaii cost of living is some of the highest in the United States, with Honolulu topping most lists of the country's priciest cities.

What island is best to retire in Hawaii? ›

Paia, Maui

You can't retire in Hawaii without first considering Maui as your destination. Maui has won Conde Nast's Best Island Award a whopping 19 times. The town of Paia is a great place to consider. It's a charming town that isn't overrun by tourists.

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