Cost of living in Ocean Pointe 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 Ocean Pointe 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 Ocean Pointe is 197, with 100 being the average.
The cost of living index in Ocean Pointe is 2.0x higher than the national average.
Ocean Pointe ranks as the #42 cheapest in Hawaii out of 52.
Ocean Pointe ranks as the #6,303 cheapest out of 6,489 in the US.
The median home value in Ocean Pointe is $897,552.
The median income in Ocean Pointe is $143,394.
According to the most recent data on the cost of living, Ocean Pointe has an overall cost of living index of 197, which is 2.0x higher than the national index of 100.
Compared to Hawaii, Ocean Pointe has a cost of living index that's 1.2x higher than Hawaii's index of 171.
The standard of living in Ocean Pointe ranks as #42 most affordable out of the 52 places we measured in Hawaii. By definition, that implies Ocean Pointe ranks as the #10 most expensive place in the Aloha State.
For more reading on life in Ocean Pointe, check out:
Six factors go into calculating the cost of living index in Ocean Pointe. Here is how it fairs on each of the criteria:
The Services index in Ocean Pointe is 125.
The Groceries index in Ocean Pointe is 118.
The Health index in Ocean Pointe is 124.
The Housing index in Ocean Pointe is 348.
The Transportation index in Ocean Pointe is 135.
The Utilities index in Ocean Pointe is 150.
| Living Expense | Ocean Pointe | Hawaii | National Average | |
|---|---|---|---|---|
| Overall | 197 | 171 | 100 | |
| Services | 125 | 128 | 100 | |
| Groceries | 118 | 135 | 100 | |
| Health | 124 | 126 | 100 | |
| Housing | 348 | 249 | 100 | |
| Transportation | 135 | 144 | 100 | |
| Utilities | 150 | 181 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Ocean Pointe is $897,552.
The Median Rent in Ocean Pointe is $3,347.
The Median Income in Ocean Pointe is $143,394.
The Home Value To Income in Ocean Pointe is 6.3x.
The Rent To Monthly Income in Ocean Pointe is 0.28x.
| Statistic | Ocean Pointe | Hawaii | United States | 
|---|---|---|---|
| Median Home Value | $897,552 | $826,574 | $303,400 | 
| Median Rent | $3,347 | $1,938 | $1,348 | 
| Median Income | $143,394 | $98,317 | $78,538 | 
| Home Value To Income | 6.3x | 8.4x | 3.9x | 
| Rent To Monthly Income | 0.28x | 0.24x | 0.21x | 
| Item | Ocean Pointe | Hawaii | 
|---|---|---|
| Shampoo | $1.73 | $1.28 | 
| Movie | $15.08 | $12.13 | 
| Bowling | $25.33 | $18 | 
| Haircut | $19.47 | $24.26 | 
| Beauty Salon | $76.67 | $45.56 | 
| Item | Ocean Pointe | Hawaii | 
|---|---|---|
| Ground Beef | $5.42 | $5.84 | 
| Fried Chicken | $2.85 | $1.57 | 
| Milk | $5.38 | $4.67 | 
| Potatoes | $5.94 | $4.93 | 
| Pizza | $14.99 | $12.09 | 
| Beer | $12.01 | $10.41 | 
| Toothpaste | $3.68 | $3.7 | 
| Item | Ocean Pointe | Hawaii | 
|---|---|---|
| Optometrist | $236.67 | $125.68 | 
| Doctor | $191.36 | $135.78 | 
| Dentist | $114.44 | $113.29 | 
| Item | Ocean Pointe | Hawaii | 
|---|---|---|
| Gasoline | $4.8 | $3.46 | 
| Tire Balancing | $75.37 | $59.92 | 
| Item | Ocean Pointe | Hawaii | 
|---|---|---|
| All Electricity | $359.53 | $193.99 | 
| Phone | $184.47 | $192.25 | 
The cost of living varies in the cities and towns around Ocean Pointe. Here's a quick look at the cost of living in the most populous nearby places:
East Honolulu, HI has a cost of living index of 227, 1.2x Ocean Pointe.
Waipahu, HI has a cost of living index of 176, 0.9x Ocean Pointe.
Kaneohe, HI has a cost of living index of 201, 1.0x Ocean Pointe.
| City | Population | Cost Of Living | Vs. Ocean Pointe | 
|---|---|---|---|
| East Honolulu, HI | 50,961 | 227 | 1.2x | 
| Waipahu, HI | 39,871 | 176 | 0.9x | 
| Kaneohe, HI | 35,945 | 201 | 1.0x | 
| Ewa Gentry, HI | 26,738 | 178 | 0.9x | 
| Kapolei, HI | 23,033 | 179 | 0.9x | 
| Mililani Mauka, HI | 21,967 | 193 | 1.0x | 
| Makakilo, HI | 20,372 | 180 | 0.9x | 
| Ewa Beach, HI | 15,388 | 176 | 0.9x | 
| Royal Kunia, HI | 13,687 | 185 | 0.9x | 
| Hickam Housing, HI | 9,195 | 193 | 1.0x |