How Much Does It Cost To Live In Hawaii For A Year?

by | Last updated on January 24, 2024

, , , ,
COUNTY AVERAGE RENT* INCOME NEEDED Hawaii (Big Island) $1,194 $22.96/hour or

$47,760/year
Honolulu (Oahu) $1,985 $38.17/hour or $79,400/year Kauai $1,238 $23.81/hour or $49,520/year Maui (includes Molokai and Lanai) $1,286 $24.73/hour or $51,440/year

How much money do you need to live comfortably in Hawaii?

In order to live comfortably in Hawaii, some studies show that you’ll need a whopping

salary of over $122,000

.

Does Hawaii have a high cost of living?


Hawaii is the most expensive place to live in the United States

. There are multiple drivers of the high cost of living on the islands. First, space is at a premium. The small islands limit how many new homes can be built each year, which means competition for houses and apartments drives up the costs.

Is cost of living in Hawaii high?

According to a study by the Missouri Economic Research and Information Center in 2019,

Hawaii has the highest cost of living in the nation with an index of 191.8

. The national average index was set at 100 and Hawaii absolutely crushed it with the closest 2nd being the District of Columbia at an index of 159.

What is the average living wage in Hawaii?

1 ADULT 2 ADULTS (BOTH WORKING) 0 Children 2 Children Living Wage

$20.61

$26.45
Poverty Wage $7.06 $7.24 Minimum Wage $10.10 $10.10

Where should you not live in Hawaii?

  • Wahiawa, HI. According to Only In Your State, Hawaii has recently seen a decrease in the reported crime rates, but they’re still too high for comfort. …
  • Kapaa, HI. …
  • Kahului, HI. …
  • Makaha, HI. …
  • Napili-Honokawai, HI. …
  • Ocean Pointe, HI. …
  • Maili, HI. …
  • Kula, HI.

Can you move to Hawaii without a job?

You’ll want to have a lot of reserves because the reality of moving to one of the smaller Hawaiian islands without a job is that you’re going to

spend a lot of

your cash reserves just on basic living expenses until you find a job. Finding a job on Maui – if I just arrived there – would be quite difficult.

Can I just move to Hawaii?

Can you move to Hawaii? If you are a U.S. citizen or have a green card,

there are no special permissions needed to move to Hawaii permanently

. … Hawaii is the only state that doesn’t have rabies—and they intend to keep it that way.

How much is a Big Mac in Hawaii?

The price of Combo meal in fast food restaurant (Big Mac Meal or similar) in Honolulu, Hawaii is

$9

. This average is based on 9 price points.

Are groceries taxed in Hawaii?

Sales of grocery food are subject to

sales tax

in Hawaii.

Can you live in Hawaii on 50K?

Fully one quarter of all Hawaii households are pulling in less than $35K per year in income. … I really think that

any income over $50K per person is ‘enough’ to live in Hawaii

. You can make that work on any of the islands. If you’re making any less than that you’re going to be too stressed that you aren’t making enough.

What is the highest paying job in Hawaii?

Rank Job Title Average Salary 1

Physicians, All Other; And Ophthalmologists

, Except Pediatric $263,200
2 Family Medicine Physicians $251,180 3 Surgeons, Except Ophthalmologists $250,410 4 General Internal Medicine Physicians $240,370

Can you live cheap in Hawaii?

Generally, the lowest housing costs are on

the Big Island

, which is considered the cheapest Hawaiian island to live on. However, the median household income is $52,000. … So before you relocate, check out the cost of living for the city or county to make sure your income will cover the costs.

What should I avoid in Hawaii?

  • Don’t touch the turtles in Hawaii. …
  • Don’t touch the dolphins and monk seals. …
  • Don’t touch the coral in Hawaii. …
  • Don’t wear sunscreen that isn’t reef-safe. …
  • Don’t call everyone “Hawaiian” in Hawaii. …
  • Don’t underestimate the power of the sun in Hawaii. …
  • Don’t skip the car rental in Hawaii.

What are the cons of living in Hawaii?

  • There are lava flows to consider when living in Hawaii. …
  • Some places in Hawaii receive a lot of rain. …
  • The cost of living in Hawaii is significantly higher than most other states. …
  • Traffic in highway is nothing short of a nightmare on some islands.

What is the cheapest way to move to Hawaii?

  • Only bring the essentials– the items you really need. Remember, the easiest, cheapest way to move to Hawaii is to move with very little. …
  • Save money whenever possible. …
  • Use a freight forwarder. …
  • Share a shipping container with somebody.
Rachel Ostrander
Author
Rachel Ostrander
Rachel is a career coach and HR consultant with over 5 years of experience working with job seekers and employers. She holds a degree in human resources management and has worked with leading companies such as Google and Amazon. Rachel is passionate about helping people find fulfilling careers and providing practical advice for navigating the job market.