Total monthly cost of ownership
Cost to Own a Home in Haiku-Pauwela, Hawaii
A $1,019,000 home here costs
$7,001per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $300,000 a year.
A standard mortgage calculator would have told you $5,556. The real number is $1,445 higher every month, 26% more than the payment most buyers budget for.
Compare Maui County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Haiku-Pauwela against Maui County and Hawaii
| Measure | Haiku-Pauwela | Maui County |
|---|---|---|
| Median home value | $1,019,400 | $858,600 |
| Median property tax | $1,903 | $1,442 |
| Effective tax rate | 0.187% | 0.168% |
| Median gross rent | $2,341 | $1,863 |
| Population | 9,290 | 164,632 |
The weather behind that power bill
Haiku-Pauwela sits in Maui County, which averages a high of 90.0°F in its hottest month and a low of 63.6°F in its coldest, with 16.21" of precipitation a year and 45% of it in a single three-month stretch. That climate drives 4,423 cooling and 0 heating degree days, which is what sets the $234 electricity line above.
See the full climate breakdown for Maui County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Maui County
Talk to someone who works this market
These are Haiku-Pauwela averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Haiku-Pauwela every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Haiku-Pauwela I already own here and may sell
Common questions
How much does it cost to own a home in Haiku-Pauwela?
A $1,019,000 home in Haiku-Pauwela, Hawaii costs approximately $7,001 per month with 20% down at 7.24%. That is $5,556 principal and interest, $159 property tax, $136 homeowners insurance, $302 utilities and $849 set aside for maintenance.
What is the property tax rate in Haiku-Pauwela?
Haiku-Pauwela has an effective property tax rate of 0.187%, based on a median home value of $1,019,400 and median real estate taxes of $1,903. That is higher than the Maui County average of 0.168%.
What is the average home price in Haiku-Pauwela?
The median owner-occupied home value in Haiku-Pauwela, Hawaii is $1,019,400, against $858,600 across Maui County.
Is it cheaper to rent or buy in Haiku-Pauwela?
Median gross rent in Haiku-Pauwela is $2,341 a month, against $7,001 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Haiku-Pauwela?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Haiku-Pauwela, Hawaii at today's rate takes a household income of roughly $300,000 a year. That covers the full $7,001 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Haiku-Pauwela, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Hawaii.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.