Makakilo, HI

Very High · 200

Hawaii · Population 20,372 · Updated March 2026

$2,202
Median Rent / Month
$120,489
Median Income
$827,900
Median Home Value
$2,594
Owner Costs / Month

Affordability

How far your income goes in Makakilo

21.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Hawaii

State-level tax rates that affect your costs

11.0%
Income Tax (Top Rate)
4.0%
Sales Tax
0.32%
Property Tax Rate

Estimated Annual Costs

$26,424
Annual Rent
$13,254
State Income Tax
$2,649
Property Tax (est.)

Cost of Living Overview

Makakilo has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 200 (where 100 equals the national median), Makakilo residents can expect to pay median rent of $2,202/month while earning a median household income of $120,489/year.

The median home value in Makakilo, HI is $827,900, with typical monthly owner costs around $2,594 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Hawaii's top income tax rate of 11.0% is among the highest in the nation, adding to the overall cost burden. Combined with a 4.0% sales tax rate and 0.32% effective property tax rate, the overall tax environment is a factor in the total cost of living in Makakilo.

Frequently Asked Questions

Common questions about living costs in Makakilo

What is the cost of living in Makakilo, HI?
The cost of living index in Makakilo, HI is 200 (US average = 100). Median monthly rent is $2,202, median household income is $120,489/year, and the median home value is $827,900.
Is Makakilo, HI affordable?
No, Makakilo is more expensive than the national average with a cost index of 200. The rent-to-income ratio is 21.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Makakilo, HI?
The median gross rent in Makakilo, HI is $2,202 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $26,424.
What is the median household income in Makakilo?
The median household income in Makakilo, HI is $120,489 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Hawaii?
Hawaii has a top income tax rate of 11.0%, a sales tax of 4.0%, and an effective property tax rate of 0.32%.