Cost of Living in Hilo

Hilo's cost of living runs genuinely more accessible than most other Hawaii Tier A markets on housing and rent, though Hawaii's own defining statewide cost pressures still apply in full.

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Housing runs closer to the national median

Hilo's cited median home price ($483,000-$555,000) runs only ~18%-36% above the ~$408,776 national comparison figure -- notably better than Maui's resort-adjacent markets.

The lowest median rent of Hawaii's four counties

Hawaii County was cited as carrying the lowest median rent (~$1,510/month) among Hawaii's four counties.

Hawaii's statewide cost pressures still apply

Hawaii's cost-of-living index (~193, nearly double the national average) reflects statewide shipping, grocery, electricity, and gas costs that apply in Hilo as everywhere in the state.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.