Table of Contents
What is the average cost of living in Honolulu Hawaii?
Honolulu cost of living is 176.5
| COST OF LIVING | Honolulu | Hawaii |
|---|---|---|
| Grocery | 138.9 | 150.7 |
| Health | 95.5 | 94.3 |
| Housing | 285.6 | 268.9 |
| Median Home Cost | $751,900 | $732,000 |
What is a good salary for Honolulu?
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 are some child expenses?
How Much Does It Cost to Raise a Child?
- Housing: 29\%
- Food: 18\%
- Child care and education: 16\%
- Transportation: 15\%
- Health care: 9\%
- Miscellaneous: 7\%
- Clothing: 6\%
How much money does it take to raise a child to 18?
Many new parents make the mistake of underestimating the expenses required to have a child and raise it to the age of 18 or when they go off to college. Having a baby is worth the cost for most, but the price tag of $233,610 or more to raise a child through their teen years can be jarring.
How much does it cost to live in Honolulu Hawaii per month?
Family of four estimated monthly costs: $5,980 Single person estimated monthly costs: $3,621 Cost of living in Honolulu, Hawaii is more expensive than in 83\% of cities in USA (9 out of 47) Cost of living in Honolulu, Hawaii is more expensive than in 86\% of cities in N. America (9 out of 58)
How much does it cost to live in a single family?
An example of a budget for a family of 4 living in a Single Family Home: 1 Mortgage – $2,900 per month 2 Groceries – $800 to $1,000 per month 3 Electricity – $190 per month 4 Transportation – $380 per month 5 Dining out – $500 per month 6 Property Taxes – $2,350 per year
How much does it cost to buy a house on Oahu?
The median sales price for a condo on Oahu is $455,000. Despite the high prices though, Oahu continues to see a growth in home and condo sales. Alternatively, buying a piece of land and building your own home could be more affordable, but that depends on location and your general contractor.
What is it like to live in Hawaii?
There are a lot of great things about Hawaii, but the prices of food, housing, electricity and daily living are pretty crazy.