Housing costs in Volcano?
A typical home costs
$520,500, which is 53.9% more expensive than the national average of
$338,100 and 35.0% less expensive than the average Hawaii home, at
$800,200. Renting a two-bedroom unit in Volcano costs
$1,680 per month, which is 17.5% more than the national average of
$1,430 and 26.8% cheaper than the state average of
$2,130.
Can I afford Volcano?
To live comfortably in Volcano, Hawaii, a minimum annual income of
$99,720 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Volcano?
The cost of living in Volcano, HI is notably higher than the national average. Prices for goods and services such as groceries, utilities, and transportation are significantly higher than the rest of the United States. Housing prices are high due to limited availability; many of the residences near Volcano are vacation rentals or cabins. While this may seem like a disadvantage, it also makes Volcano a desirable place to live because many people enjoy its rural beauty and unique landscape.