Housing costs in Honolulu?
A typical home costs
$907,900, which is 168.5% more expensive than the national average of
$338,100 and 13.5% more expensive than the average Hawaii home, at
$800,200. Renting a two-bedroom unit in Honolulu costs
$2,200 per month, which is 3.3% more than the national average of
$2,130 and 2.3% cheaper than the state average of
$2,250.
Can I afford Honolulu?
To live comfortably in Honolulu (zip 96850), Hawaii, a minimum annual income of
$173,880 for a family, and
$67,200 for a single person is recommended.
What does A.I. say about Honolulu?
The cost of living in Honolulu, HI 96850 is higher than average compared to other cities in the country. The housing costs are extremely high, with the median home value at $638,100 and median rent at $2,020 per month. Additionally, goods and services are more expensive than other U.S. cities due to the fact that much of the food and goods imported into Hawaii have to be shipped great distances. Transportation costs can also be high given the lack of public transportation options throughout the city. However, with a booming tourism industry and beautiful weather year round, many people feel that Honolulu is worth the cost of living.