Wailea, HI, boasts a higher cost of living compared to the nationwide average. The overall cost of living index in Wailea stands at 155, indicating a 55% increase over the national average of 100. This significant rise is primarily driven by elevated housing costs, which are 109% higher than the national average.
Specifically, the housing index in Wailea is 209, reflecting substantial property prices and rental rates. Groceries and utilities also show marked increases, with indices of 164 and 136, respectively. While healthcare and miscellaneous expenses are closer to the national average, the overall picture suggests that living in Wailea involves a notably higher financial commitment.
Wailea, HI, stands out as a place with a notably higher cost of living compared to the nationwide average. This increase is particularly evident in housing, where the cost of living index reaches 209. This figure means housing costs in Wailea are more than double the national average, which is set at 100. For job seekers considering this area, this significant increase in housing expenses will be a critical factor to weigh in their relocation plans.
In addition to housing, other living expenses in Wailea also surpass the national average. Groceries, for instance, have a cost of living index of 164, showing a 64% increase over the national average. Utilities cost 36% more, with an index of 136, while transportation costs are 19% higher at 119. Healthcare costs are slightly above average at 112, reflecting a 12% increase. Miscellaneous expenses, which include items like entertainment and personal care, stand at 129, indicating a 29% rise. Overall, Wailea's cost of living paints a picture of elevated expenses, particularly in key areas like housing and groceries, making it important for potential residents to prepare for these financial realities.
