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Monday, January 09, 2006

Monthly Cost of Living On the Big Island

question
Hello. I found the website andhawaii.com and I was hoping to find an answer to a question. How much would it cost, on an average monthly basis, to live in or near Kona for a family of 3? This would mean a 2 bedroom apartment or small house. I'm looking for a ballpark figure for more than just rent, though, although if you could tell me how much rent is on average, it would be greatly appreciated.

answer
While housing is still cheapest on the Big Island out of all the Hawaiian islands, the Kona side is the most expensive part of the island. I would put rent at average $1500, maybe more these days with the recent real estate boom (it really drove land and property prices up). I myself am the CFO for a family of three on the Big Island :) and I pay between $700 and $1000 for food, depending on how careful I am about my spending. There is a Costco on that side of the island, so maybe you could improve on that (I'm on the Hilo side). Gas is $2.70 a gallon right now, and not likely to go lower, ever (that's what it was before Hurricane Katrina - we briefly went up to almost $4.00 a gallon, and then it came back down and settled there again). Utilities are expensive - I pay between $300 and $400 a month for electricity, depending on how much I run my two room air conditioners. I'm not sure what other utilities you would have to pay over there. Oh, and cars - bring your cars with you if you can, or buy from Oahu once you get here and have them shipped over. We pay really inflated prices for cars on this island. As for rent - maybe these classifieds will help you out a bit if you wanted to browse what's available

Let me know if you have any more specific questions! Lisa

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