Housing costs in Honolulu?
A typical home costs
$1,025,100, which is 203.2% more expensive than the national average of
$338,100 and 28.1% more expensive than the average Hawaii home, at
$800,200. Renting a two-bedroom unit in Honolulu costs
$1,920 per month, which is 9.9% cheaper than the national average of
$2,130 and 17.2% cheaper than the state average of
$2,250.
Can I afford Honolulu?
To live comfortably in Honolulu (zip 96819), Hawaii, a minimum annual income of
$196,560 for a family, and
$58,800 for a single person is recommended.
What does A.I. say about Honolulu?
The cost of living in 96819 Honolulu, HI is quite high. The median home price in the area is around $750,000, which makes it one of the most expensive places to live in the United States. Renting a one-bedroom apartment can cost anywhere from $1,400 to $2,200 per month. Groceries and other basic necessities are also expensive compared to other places in the US. Gas prices are also relatively high due to Hawaii's geographic location and lack of competition from mainland suppliers. All in all, residents should expect to pay a higher cost of living than most other areas of the US.