How expensive is it to live in Hawaii?

According to a study by Payscale.com, the cost of living in Honolulu, Hawaii is 88% higher than the national average with housing clocking in at 202% higher than the national average.

Is it actually expensive to live in Hawaii?

Hawaii is the most expensive state in the country to live in, according to World Population Review rankings. As of December 2021, the median price of a home in Hawaii was $1.06 million, according to real estate firm Locations Hawaii. However, it also has the fourth lowest poverty rate.

Is it realistic to move to Hawaii?

Moving to Hawaii is expensive but it can be a very rewarding place to live. The weather, outdoors life, and sunsets can be remarkable every single day. However, your taxes, housing, and overall cost of living is almost certain to increase if you're moving from most other parts of the country.

Is it cheaper to live in Hawaii or California?

When you compare the cost of living in Hawaii and that of California, you will likely find that Hawaii's cost of living is considerably higher. The cost of living index in Hawaii is 196.3 while that in California is 138.5. Hawaii's house index is 336.3, transportation is 138.8, and grocery cost index is 167.7.

What salary do you need in Hawaii?

Average Income

In order to "be happy" in Hawaii in 2022, one study reports that you'll need a whopping salary of over $200,000.

Cost of living in Hawaii | How do people make it?

Is it hard to find a job in Hawaii?

Other Things to Consider when Looking for a Job in Hawaii

Remember that it's pretty hard to find a job on the islands even though the unemployment rate is generally low. However, this depends on your skills and the industry you are looking in.

Can I move to Hawaii without a job?

Moving to Hawaii Without a Job

A number of people do just that. However, Hawaii's high cost of living means you'll probably need to find a job relatively quickly, unless you're a retiree or you're bringing your job with you as a remote worker.

Is life in Hawaii hard?

Simply put, life in Hawaii feels simple. All the extraneous stuff is removed so that people can focus on the essential — sunshine, the salty sea, good food, great people and the spirit of Aloha. By and large, people that live in Hawaii aren't as materialistic.

How much do jobs pay in Hawaii?

Hawaii ranks number 37 out of 50 states for salaries on ZipRecruiter. As of Nov 22, the average annual salary in Hawaii is $52,126. Just in case you need a simple salary calculator, that works out to be approximately $25.06 an hour. This is equivalent of $1,002 a week or $4,343 a month.

Is Hawaii hard to move to?

Hawaii is paradise for many reasons, but it's also a difficult place to live for most because of the economy. Aloha and the best of luck in planning your move to the beautiful islands of Hawaii. Be sure to read our Moving to Hawaii Checklist article for even more moving to Hawaii tips.

How expensive is a house in Hawaii?

There are currently 5,150 homes for sale in Hawaii. The median list price in Hawaii is $825,000 and the average price per square foot is $630.

Can you live in Hawaii on minimum wage?

However, the minimum wage in Hawaii is $10.10, which comes out to $20,200 per year. While this is higher than the federal minimum wage of $7.25, it isn't nearly enough to be considered livable. Two metrics to look at to understand the high cost of living are the rent and home prices in Hawaii.

Is 50K a year good in Hawaii?

Life is what you make it, and life in Hawaii can be done at less than $50K per year in personal income, but I wouldn't really recommend it unless you are ready to live very frugally. There are people that can do it on even $30K income per year.

What is the cheapest place in Hawaii to live?

Do Hawaii jobs pay well?

Do jobs in Hawaii pay well? Compared to the national average annual pay across all occupations ($58,260), Hawaii pays slightly better, with an average annual salary of $59,760, according to the BLS.

How much money should I save up before moving to Hawaii?

For a family or professional moving to the islands, around $50,000 in savings is the absolute minimum you should have. Beyond that, it can vary quite widely depending on the neighborhood, whether the children attend private school, and other factors.

What is the most common job in Hawaii?

What is Hawaii's main job?

Major sectors by employment in Hawaii include Accommodation and Food Services, Retail Trade and Educational Services, which employed 109,454, 86,158 and 85,603 people in 2022, respectively. Hawaii's unemployment rate is 3.8% in 2022, which ranks it 30^th out of 50 states.

How much is a cup of coffee in Hawaii?

How Much Do Other Coffees Cost in Hawaii? A regular cup of coffee can cost around $6 to $8 in Hawaii. Locally produced Hawaiian coffee can go up to $20 to $100 per bag. Hawaii is known to contain some of the most expensive coffee in the United States.