Housing costs in Honolulu?
A typical home costs
$546,000, which is 61.5% more expensive than the national average of
$338,100 and 31.8% less expensive than the average Hawaii home, at
$800,200. Renting a two-bedroom unit in Honolulu costs
$2,650 per month, which is 24.4% more than the national average of
$2,130 and 15.1% more than the state average of
$2,250.
Can I afford Honolulu?
To live comfortably in Honolulu (zip 96815), Hawaii, a minimum annual income of
$104,760 for a family, and
$80,800 for a single person is recommended.
What does A.I. say about Honolulu?
The cost of living in 96815 Honolulu, HI is quite high compared to other cities and states. The median home price in 96815 is around $800,000, making it one of the most expensive neighborhoods in all of Honolulu. Additionally, the median rent for a two-bedroom apartment is $2,200 per month. Groceries, transportation costs, and utilities are also higher than average due to Honolulu being an isolated island city and its remote location resulting in higher shipping fees. Despite the high cost of living, the city offers many amenities including beautiful beaches and activities such as snorkeling and hiking that make it worth the investment for those living in or visiting this vibrant city.