Housing costs in Hawaii?
A typical home costs
$800,200, which is 136.7% more expensive than the national average of
$338,100 and 0.0% less expensive than the average Hawaii home, at
$800,200. Renting a two-bedroom unit in Hawaii costs
$2,130 per month, which is 49.0% more than the national average of
$1,430 and close to the state average of
$2,130.
Can I afford Hawaii?
To live comfortably in Hawaii, a minimum annual income of
$153,360 for a family, and
$65,600 for a single person is recommended.
What does A.I. say about Hawaii?
Hawaii State has a higher cost of living than most U.S. states. The cost of housing in Hawaii is one of the highest, with median home prices being over $590,000 and average rental prices around $1,650 for a two-bedroom apartment. Grocery costs are also higher than average due to the remote location and limited supply chains. Transportation costs are also high due to the limited number of roads and expensive fuel prices. Despite the high costs, Hawaii remains an attractive place to live due to its numerous natural wonders and laid back lifestyle.