Housing costs in Honolulu?
A typical home costs
$768,200, which is 127.2% more expensive than the national average of
$338,100 and 4.0% less expensive than the average Hawaii home, at
$800,200. Renting a two-bedroom unit in Honolulu costs
$2,090 per month, which is 1.9% cheaper than the national average of
$2,130 and 7.7% cheaper than the state average of
$2,250.
Can I afford Honolulu?
To live comfortably in Honolulu (zip 96822), Hawaii, a minimum annual income of
$147,240 for a family, and
$64,000 for a single person is recommended.
What does A.I. say about Honolulu?
The cost of living in Honolulu, HI 96822 is relatively high compared to the rest of the country. Groceries, housing, and transportation all tend to be more expensive than in other parts of the United States. However, there are still deals to be had if you know where to look and how to save money. Property taxes are also on the higher side, making it a good idea for those considering buying a house in this area to research their options and check out local tax rates before committing. Other amenities like restaurants, shopping centers, and entertainment venues may also require higher prices due to Honolulu's status as a major tourist destination.