How much is the average living cost in Hawaii?
Living in Hawaii and Housing Cost
| COUNTY | AVERAGE RENT* | INCOME NEEDED |
|---|---|---|
| Hawaii (Big Island) | $1,194 | $22.96/hour or $47,760/year |
| Honolulu (Oahu) | $1,985 | $38.17/hour or $79,400/year |
| Kauai | $1,238 | $23.81/hour or $49,520/year |
| Maui (includes Molokai and Lanai) | $1,286 | $24.73/hour or $51,440/year |
What is the average monthly cost of living in Hawaii?
A one-bedroom apartment or home can range from about $1500 to more than $2000 per month and a two-bedroom apartment or a house will start at $1,800 per month. Looking at a luxurious, new one-bedroom condo? Expect to fork out at least $3,000 a month.
What is the cost of living in Hawaii 2020?
According to the Hawaii Department of Business, Economic Development & Tourism’s (DBEDT) self-sufficiency income standards, the average resident needs to make $17.63 per hour in 2020 to enjoy a living wage. This would cover expenses like housing, food, transportation, healthcare and other expenses.
Does Hawaii pay you to live there?
This Hawaii program will pay your airfare to live and work remotely from the islands. Hawaii will welcome 50 newcomers from out of state in the coming months thanks to a new temporary residency program called Movers & Shakas.
What is the most expensive state to live in 2021?
Hawaii
Hawaii is the most expensive state to live in in the United States. Hawaii has a cost index of 196.3. The average home price in Hawaii is $1,158,492. The utility index is the highest in the country at 189.5, and the average monthly energy bill is $388.65.
How do people afford to live in Hawaii?
Having family members and relatives here can help you afford the cost of living. For example, there are many multi-family units here on the island in which families live with in-laws or grandparents on the same property. These connections help small families afford the high cost of living.
What is the average annual income in Hawaii?
With average annual income in Hawaii at $56,889, the state’s average debt-to-income ratio is 43 percent more than residents of Michigan, the state with the lowest debt-to-income ratio.
What is the safest city in Hawaii?
Crime rates are East Honolulu’s biggest advantage, as the city takes first place on our list, making it the safest place in Hawaii. Last year’s estimates show that East Honolulu had 1,223 property and 108 violent crimes per 100,000 residents.
What is the safest Hawaiian island to live on?
Though sources say that Makaweli is the safest place to live in Hawaii, it is no longer known by that name, but instead by Kaumakai, a small town with a population of approximately 600 located on the southern shore of Kauai .
How expensive is it to live in Hawaii?
The 10 Most Expensive Places To Live In Hawaii For 2019. The median income in Wailea comes in at $68,675 and the median home value is $936,400 for 2019. 2. The median income in East Honolulu comes in at $120,233 and the median home value is $888,400 for 2019.