Total monthly cost of ownership
Cost to Own a Home in Kihei, Hawaii
A $872,000 home here costs
$5,999per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $4,483. The real number is $1,516 higher every month — 34% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Kihei against Maui County and Hawaii
| Measure | Kihei | Maui County |
|---|---|---|
| Median home value | $871,600 | $858,600 |
| Median property tax | $1,657 | $1,442 |
| Effective tax rate | 0.190% | 0.168% |
| Median gross rent | $2,021 | $1,863 |
| Population | 22,564 | 164,632 |
The weather behind that power bill
Kihei 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 $467 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
Common questions
How much does it cost to own a home in Kihei?
A $872,000 home in Kihei, Hawaii costs approximately $5,999 per month with 20% down at 6.66%. That is $4,483 principal and interest, $138 property tax, $116 homeowners insurance, $535 utilities and $727 set aside for maintenance.
What is the property tax rate in Kihei?
Kihei has an effective property tax rate of 0.190%, based on a median home value of $871,600 and median real estate taxes of $1,657. That is higher than the Maui County average of 0.168%.
What is the average home price in Kihei?
The median owner-occupied home value in Kihei, Hawaii is $871,600, against $858,600 across Maui County.
Is it cheaper to rent or buy in Kihei?
Median gross rent in Kihei is $2,021 a month, against $5,999 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Kihei — 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.