Hanalei, HI is an idyllic beach town on the lush Hawaiian island of Kauai. The cost of living is significantly higher than the US average, with a 2 bedroom rent in Hanalei of $4,110 compared to $1,430 in the US. Additionally, the grocery cost index in Hanalei is slightly more expensive at 177 versus 100. Despite the higher prices, many people flock to Hanalei for its gorgeous natural scenery and laid-back atmosphere. Visitors can participate in a variety of outdoor activities such as kayaking or surfing and enjoy famous local restaurants like Kalypso's and Guava Red's. There are also numerous shops and local businesses such as Flying Fish Market & Grill that offer unique goods and services.
Hanalei has an unemployment rate of 13.0%. The US average is 6.0%.
Hanalei has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Hanalei
- The Sales Tax Rate for Hanalei is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Hanalei is 8.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hanalei
- The average income of a Hanalei resident is $26,836 a year. The US average is $28,555 a year.
- The Median household income of a Hanalei resident is $88,750 a year. The US average is $69,021 a year.