Table of Contents
How much money do you need to make to live comfortably in Oahu?
Studies have the cost of living in Honolulu requires residents to have an income of $120,000+ are required to live comfortably in the state’s capital. This is subjective of course, but according the U.S. Census, Honolulu’s median household income was around $80,000 in 2019.
What is a good salary in Oahu?
Average Salary in Honolulu, HI
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $88,239 | $7,353 |
| 75th Percentile | $72,552 | $6,046 |
| Average | $66,228 | $5,519 |
| 25th Percentile | $48,531 | $4,044 |
What is the average income in Oahu?
Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2015-2019 | 29.1 |
| Income & Poverty | |
| Median household income (in 2019 dollars), 2015-2019 | $85,857 |
| Per capita income in past 12 months (in 2019 dollars), 2015-2019 | $36,816 |
How can I live cheap on Oahu?
Use public transportation whenever possible. Oahu has an extensive public transportation system that is surprisingly affordable — you can go just about anywhere on the island for less than $2. Try to live close to where you work, and walk or ride a bicycle to work.
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. (Of course, standards of living vary according to each person and it all depends on your level of “comfort.”)
What is the average income of a family in Hawaii?
Most families in Hawaii have household income under $70K per annum. Before finding that statistic, I would have guessed that the average income for families in Hawaii was higher. It does make sense why everyone is griping about how expensive everything is!
Why is it so expensive to live in Hawaii?
Another reason is Hawaii’s 4\% excise tax. Which is added to just about everything business related. Of course the main issue factoring into the high cost of living in Hawaii is the cost of housing – owning and renting homes. The reason land and homes are so expensive is because land is not a renewable resource.
What is it like to live in Hawaii?
Across the Hawaiian Islands, life is a little slower, and we choose to embody the Aloha Spirit in everything we do. Hawaii is a magical place to live or visit, but if you’re planning a move to these beautiful islands, there are a few things you should know.