Hilo, HI Cost Of Living
Cost Of Living In Hilo, HI Summary
Cost of living in Hilo research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Hilo is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Hawaii, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Hilo is 147, with 100 being the average.
The cost of living index in Hilo is 1.5x higher than the national average.
Hilo ranks as the #2 cheapest in Hawaii out of 50.
Hilo ranks as the #5,771 cheapest out of 6,412 in the US.
The median home value in Hilo is $364,100.
The median income in Hilo is $70,356.
Table Of Contents
Hilo's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Hilo, HI?
According to the most recent data on the cost of living, Hilo has an overall cost of living index of 147, which is 1.5x higher than the national index of 100.
Compared to Hawaii, Hilo has a cost of living index that's 0.8x lower than Hawaii's index of 181.
The standard of living in Hilo ranks as #2 most affordable out of the 50 places we measured in Hawaii. By definition, that implies Hilo ranks as the #48 most expensive place in the Aloha State.
For more reading on life in Hilo, check out:
- Living In Hilo
- Search Homes For Sale In Hilo, HI
In Hawaii
In America
Hilo Cost Of Living Vs. Hawaii
Six factors go into calculating the cost of living index in Hilo. Here is how it fairs on each of the criteria:
The Services index in Hilo is 128.
The Groceries index in Hilo is 153.
The Health index in Hilo is 118.
The Housing index in Hilo is 145.
The Transportation index in Hilo is 148.
The Utilities index in Hilo is 204.
| Living Expense | Hilo | Hawaii | National Average | |
|---|---|---|---|---|
| Overall | 147 | 181 | 100 | |
| Services | 128 | 126 | 100 | |
| Groceries | 153 | 132 | 100 | |
| Health | 118 | 119 | 100 | |
| Housing | 145 | 314 | 100 | |
| Transportation | 148 | 131 | 100 | |
| Utilities | 204 | 140 | 100 | |
Hilo, HI Housing Cost Breakdown
Housing swings affordability the most between places in Hawaii, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Hilo is $364,100.
The Median Rent in Hilo is $1,136.
The Median Income in Hilo is $70,356.
The Home Value To Income in Hilo is 5.2x.
The Rent To Monthly Income in Hilo is 0.19x.
| Statistic | Hilo | Hawaii | United States |
|---|---|---|---|
| Median Home Value | $364,100 | $662,100 | $244,900 |
| Median Rent | $1,136 | $1,755 | $1,163 |
| Median Income | $70,356 | $88,005 | $69,021 |
| Home Value To Income | 5.2x | 7.5x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.24x | 0.2x |
Median Home Value
Median Rent
Median Income
Hilo, HI Costs By Category
Detailed Hilo Services Costs Vs. Hawaii
Detailed Hilo Groceries Costs Vs. Hawaii
Detailed Hilo Health Costs Vs. Hawaii
Detailed Hilo Transportation Costs Vs. Hawaii
Detailed Hilo Utilities Costs Vs. Hawaii
Hilo SnackAbility
/10
Cost Of Living In Cities Around Hilo
The cost of living varies in the cities and towns around Hilo. Here's a quick look at the cost of living in the most populous nearby places:
Hawaiian Paradise Park, HI has a cost of living index of 141, 1.0x Hilo.
| City | Population | Cost Of Living | Vs. Hilo |
|---|---|---|---|
| Hawaiian Paradise Park, HI | 11,942 | 141 | 1.0x |
