Housing costs in Honolulu?
A typical home costs
$716,100, which is 111.8% more expensive than the national average of
$338,100 and 10.5% less expensive than the average Hawaii home, at
$800,200. Renting a two-bedroom unit in Honolulu costs
$2,050 per month, which is 3.8% cheaper than the national average of
$2,130 and 9.8% cheaper than the state average of
$2,250.
Can I afford Honolulu?
To live comfortably in Honolulu (zip 96813), Hawaii, a minimum annual income of
$137,160 for a family, and
$62,400 for a single person is recommended.
What does A.I. say about Honolulu?
The cost of living in 96813 Honolulu, HI is quite high compared to the rest of the nation. According to bestplaces.net, the cost of living index in 96813 is 182.2 which is 82.2% higher than the U.S average. Overall, the expenses for transportation, groceries, utilities and housing are expensive compared to other states in America as well as other countries around the world. Real estate prices on Oahu are especially high due to a lack of land available for development and a strong demand from people looking for warm weather and paradise-like scenery year-round.