Housing costs in Honalo?
A typical home costs
$506,900, which is 49.9% more expensive than the national average of
$338,100 and 36.7% less expensive than the average Hawaii home, at
$800,200. Renting a two-bedroom unit in Honalo costs
$3,270 per month, which is 128.7% more than the national average of
$1,430 and 34.9% more than the state average of
$2,130.
Can I afford Honalo?
To live comfortably in Honalo, Hawaii, a minimum annual income of
$97,200 for a family, and
$100,000 for a single person is recommended.
What does A.I. say about Honalo?
The cost of living in Honalo, HI is higher than the national average. This is due to the fact that the city is located on the beautiful Big Island of Hawaii and there are many desirable amenities in the area. Groceries, restaurants, and other goods are more expensive than in other cities. Housing prices are also higher than most places in Hawaii, as it is a popular destination for vacationers and retirees. While living expenses can be high, residents enjoy the natural beauty and mild climate that make Honalo such a wonderful place to live.