East Honolulu is a lively city in Hawaii known for its beaches and unique atmosphere. It is also known for its high cost of living, with the average rent for a two-bedroom apartment reaching $3,290, almost double the national average of $1,430. The grocery cost index in East Honolulu is also significantly higher than the national average at 146 versus 100. This makes it one of the most expensive places to live in the US. Some of the popular businesses that have made their homes in East Honolulu include ABC Computers, Ventura's Restaurant, and Malay's Auto Repair Shop. Compared to other cities in the US such as New York City and Los Angeles, East Honolulu is much less populated but has its own distinct flair thanks to its tropical climate and multitude of activities available year-round.
East Honolulu has an unemployment rate of 7.6%. The US average is 6.0%.
East Honolulu has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for East Honolulu
- The Sales Tax Rate for East Honolulu is 4.5%. The US average is 7.3%.
- The Income Tax Rate for East Honolulu is 8.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for East Honolulu
- The average income of a East Honolulu resident is $48,119 a year. The US average is $28,555 a year.
- The Median household income of a East Honolulu resident is $139,041 a year. The US average is $69,021 a year.