How much does it cost to live in North Shore Hawaii?

How much does it cost to live in North Shore Hawaii?

Housing

Item Honolulu National avg.
Home Price $601,500.00 $184,700.00
Avg. Mortgage Payment $4,319.52 $1,197.42
Apartment Rent $1,357.00 $949.00

What qualifies as low income Hawaii?

In 2019, according to newly-released figures from the U.S. Department of Housing and Urban Development, a single person living on Oahu is considered “low income” if they earn $67,500 or less. A year ago, it was $65,350. And in 2017, “low-income” was considered $58,600.

Is North Shore Hawaii expensive?

Although the north shore is one of the more expensive areas of Oahu, it provides a respite to the hustle and traffic of Honolulu. With easy access to famous locales of Waimea Bay and Waimea Valley, you won’t run out of things to do in the North Shore.

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What is Poverty Line Hawaii?

Hawaii

# of Persons in Household 2021 Federal Poverty Level for Hawaii (Annual Income)
1 $14,820 $29,640
2 $20,040 $40,080
3 $25,260 $50,520
4 $30,480 $60,960

Is the North Shore Safe?

Although North Shore seems like a laid back, safe place, one should always exercise caution after dusk. Native islanders can often be protective of their island, tourists should be respectful at all times.

Do you need a car in North Shore Oahu?

Re: Honolulu-North Shore without a car. If they can fit on your lap completely without sticking out in the aisle you can probably carry it on. If they’re really big though I wouldn’t hold my breath. The only way to get to the North Shore if you’re not riding the Bus is to rent a car or take Uber/taxi.

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

Many family work several jobs, live paycheck to paycheck, have substandard (by mainland comparison) housing conditions, very little expendable income and at any moment are living on the financial edge. Put it simply, in Hawaii as of 2019 you need to be earning at least $150k a year to have what on the mainland can be had for $75k/yr.

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What is considered low income on Oahu Hawaii?

In 2020 the U.S. Department of Housing and Urban Development (HUD) concluded that “low income” for an individual living on Oahu is considered $93,000. That’s a staggering considering it’s nearly double the national average income of a full time salary earner is around $48,672. What is state income tax for Hawaii?

What is the cost of living on the mainland compared to Hawaii?

There are so many more variables to consider when comparing the cost of living on the Mainland to Hawaii. Yes, our electric rate is higher, but we do not have heating bills in winter or air conditioning bills in summer. I know this is a cost of hundreds of dollars each month if you are living on the Mainland.

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!

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