5 Best Places To Retire In Hawaii

This article takes a look at the 5 best places to retire in Hawaii. If you wish to read our detailed analysis on navigating retirement living in the US, you may go to 15 Best Places to Retire in Hawaii.

5. Waimalu

Insider Monkey Score: 49

Cost of Living: 3.5% higher than Hawaii average

Livability Score: 76

Median House Price: $507,500

With a population of under 15,000 at the time of the last United States Census, Waimalu offers small community living. The area has good healthcare – a necessity for senior citizens with ailing health – including a local non-profit hospital and other nearby health facilities. With a median house price of $507,500, real estate is also among the most affordable on our list – giving retirees in search of a forever home one hand up. Of course, shopping can’t be forgotten, and Waimalu residents have access to the second largest Hawaii shopping center in the form of Pearlridge Center. 

4. Wainaku

Insider Monkey Score: 53

Cost of Living: 20.4% lower than Hawaii average

Livability Score: 55

Median House Price: $579,000

While Hawaii is generally not the financially conscious retiree’s first choice, Wainaku might change that. The cost of living is amongst the lowest in the state at 20.4% lower than the Hawaii average. Senior citizens can immerse themselves in nature and live out a relaxing retirement period here. 

3. Waimea

Insider Monkey Score: 55

Cost of Living: 20.4% lower than Hawaii average

Livability Score: 76

Median House Price: $1,065,000

A landlocked area, Waimea offers residents delectable local cuisine. The area’s top eateries include the Hawaiian Style Cafe and The Fish and The Hog where senior citizens can embark on a delicious journey. That’s not the only sweet spot – Waimea also holds a cost of living that is 20.4% lower than the Hawaiian average, perfect for retirees looking to save on the necessities and spend on the luxuries.

2. Kailua

Insider Monkey Score: 55

Cost of Living: 20.4% lower than Hawaii average

Livability Score: 83

Median House Price: $1,500,000

Located on Oahu’s east coast, Kailua is popular for its long stretches of beach. Retirees can visit Kailua Beach Park, Lanikai Beach, and Kalama Beach Park, to name a few. Health-conscious retirees can buy fresh and local produce from the weekly Kailua Farmers’ Market. They can also indulge in delicious treats from businesses using local Hawaiian produce including Aloha Elote, Crepes Hawaii, and Island Banana Juice, among many others.

 

1. Hilo

Insider Monkey Score: 56

Cost of Living: 20.4% lower than Hawaii average

Livability Score: 61

Median House Price: $484,429

The number one spot on our list of the best places to retire in Hawaii goes to none other than Hilo. Known as ‘Big Island’, Hilo is famous for the Wailuku River State Park which is home to the majestic Rainbow Falls. Here, visitors can witness stunning displays of rainbows visible in the mist on sunny days. All in all, Hilo is a hub of nature – the area boasts waterfalls, gardens, and teeming rainforests – a pure delight for the nature-enthusiast retiree. 

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