Total monthly cost of ownership
Cost to Own a Home in Waikoloa Village, Hawaii
A $674,000 home here costs
$4,781per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $3,465. The real number is $1,316 higher every month — 38% 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.
Waikoloa Village against Hawaii County and Hawaii
| Measure | Waikoloa Village | Hawaii County |
|---|---|---|
| Median home value | $674,100 | $486,400 |
| Median property tax | $1,545 | $1,392 |
| Effective tax rate | 0.229% | 0.286% |
| Median gross rent | $2,259 | $1,411 |
| Population | 7,028 | 203,684 |
The weather behind that power bill
Waikoloa Village sits in Hawaii County, which averages a high of 57.6°F in its hottest month and a low of 34.3°F in its coldest, with 14.3" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 0 cooling and 6,919 heating degree days, which is what sets the $467 electricity line above.
See the full climate breakdown for Hawaii County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hawaii County
Common questions
How much does it cost to own a home in Waikoloa Village?
A $674,000 home in Waikoloa Village, Hawaii costs approximately $4,781 per month with 20% down at 6.66%. That is $3,465 principal and interest, $129 property tax, $90 homeowners insurance, $535 utilities and $562 set aside for maintenance.
What is the property tax rate in Waikoloa Village?
Waikoloa Village has an effective property tax rate of 0.229%, based on a median home value of $674,100 and median real estate taxes of $1,545. That is lower than the Hawaii County average of 0.286%.
What is the average home price in Waikoloa Village?
The median owner-occupied home value in Waikoloa Village, Hawaii is $674,100, against $486,400 across Hawaii County.
Is it cheaper to rent or buy in Waikoloa Village?
Median gross rent in Waikoloa Village is $2,259 a month, against $4,781 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 Waikoloa Village — 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.