Housing costs in Honolulu?
A typical home costs
$1,239,800, which is 266.7% more expensive than the national average of
$338,100 and 54.9% more expensive than the average Hawaii home, at
$800,200. Renting a two-bedroom unit in Honolulu costs
$2,170 per month, which is 1.9% more than the national average of
$2,130 and 3.7% cheaper than the state average of
$2,250.
Can I afford Honolulu?
To live comfortably in Honolulu (zip 96816), Hawaii, a minimum annual income of
$237,600 for a family, and
$66,400 for a single person is recommended.
What does A.I. say about Honolulu?
The cost of living in Honolulu, HI 96816 is relatively high compared to other parts of the country. The median home price in this zip code is around $837,000, and the median rent is approximately $2,150 per month. Utilities average around $175-225/month and groceries can range from $400-$600/month depending on dietary preferences. Eating out and entertainment are also more expensive than in other parts of the country; a typical meal for two can cost anywhere from $50-100. Transportation costs can be minimized by taking advantage of public transportation options like TheBus or HandiVan. Overall, the cost of living in Honolulu, HI 96816 may be higher than other places but that's part of what makes it such an attractive place to live.