Housing costs in Hilo?
A typical home costs
$522,400, which is 54.5% more expensive than the national average of
$338,100 and 34.7% less expensive than the average Hawaii home, at
$800,200. Renting a two-bedroom unit in Hilo costs
$1,660 per month, which is 16.1% more than the national average of
$1,430 and 28.3% cheaper than the state average of
$2,130.
Can I afford Hilo?
To live comfortably in Hilo Haw Metro Area, Hawaii, a minimum annual income of
$100,080 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about Hilo?
The cost of living in the Hilo, HI Metro Area is significantly higher than the US average at 132.4. This is approximately 32% more expensive than the national average, making it one of the most expensive areas in the country. This increase in cost of living is likely due to its location on the Big Island in Hawaii and due to its high median house value of $522,400 which is far above the US average of $338,100.