What salary do you need to live comfortably in Hawaii?

To live comfortably in Hawaii, you'd need a salary of over $122,000, as of late. Dinner and a movie in Honolulu will cost you around $75, which is a little high. Your grocery bill may be on the higher end in this area as well, with the price of bread and eggs averaging over $4 each.

What is a good salary to live in Hawaii?

In order to live comfortably in Hawaii, some studies show that you'll need a whopping salary of over $122,000.

What salary can you live off of in Hawaii?

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.

Can you live on 50K a year 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.

How much does it cost the average person to live in Hawaii?

The Monthly Cost of Living in Hawaii

For example, the cost of living in Honolulu, which is one of Hawaii's four largest cities, can cost $3, 626 monthly for a single person and $5,987 for a family of four.

How Much MONEY Do You Need to Live COMFORTABLY in HAWAII?

Can I live in Hawaii on $2000 a month?

If you decide to rent, you're looking payment of just under $2,000 per month, and that's if you pay the median price. To keep the utilities running in a small apartment in Honolulu, you're facing a cost of around $285 per month.

Is it realistic to move to Hawaii?

Your move is an exciting and fun time, but it should also be one that's done with caution and realistic expectations, or else you may be one of the hundreds who move back to the mainland each year. Hawaii is paradise for many reasons, but it's also a difficult place to live for most because of the economy.

Which Hawaiian island is the most affordable to live on?

What's the most affordable Hawaiian island to live on? The Big Island. With Hawaii's lowest average cost of living (according to MIT's Living Wage project), lowest fair market rents, and lowest typical yearly expenses, the Big Island can be the most economical island in Hawaii.

How can I live comfortably in Hawaii?

The average income needed to live comfortably in Hawaii, based on the expenses outlined above, is $122,000 for a family of 4 (2 adults and 2 children). In this scenario, each adult would need to consistently earn at an hourly rate of $17.70.

Where is the cheapest place to live in Hawaii?

Is Hawaii more expensive than California?

Hawaii's cost of living index is a whopping 54.1 points higher than California's, which is 21.1 points higher than the index for Maine, the least expensive state in the “115 or higher” bracket. Six states have cost of living indices between 105 and 114.9.

What is the cheapest way to live in Hawaii?

Is it hard to get a job in Hawaii?

Is it Hard to Get a Job in Hawaii? It's virtually impossible to get hired in Hawaii without being there. If you want to be offered a position, you need to be at least in the location (island) where the job posting is. Most applicants would never travel to job interviews in the islands.

What is the average price of a house in Hawaii?

In Hawaii, the median price for a home is nearly $550,000, according to real estate website Zillow, and the median rent is $2,400. That's nearly twice the national median home price of $278,900 and about one-and-a-half times the national median rent of $1,695.

Are salaries higher in Hawaii?

Generally, Hawaiian wages were about 7 percent below comparable mainland averages. Higher skilled workers in Ha- waii tended to earn less than comparable mainland workers, while lower skilled and entry level workers tended to earn close to the mainland average.

Where should you not live in Hawaii?

Can you live cheaply in Hawaii?

Generally, the lowest housing costs are on the Big Island, which is considered the cheapest Hawaiian island to live on. However, the median household income is $52,000.

Is it cheaper to live on Maui or Oahu?

We did a full cost analysis using data from the Hawaii Tourism Authority and found that Oahu is the cheapest island to visit and Maui is the most expensive. In fact, for a one week vacation, Oahu comes in 28% cheaper than Maui. Of course, you can find cheap places to stay on Maui and expensive places to stay on Oahu.

What are the disadvantages of living in Hawaii?

What are the dangers of living in Hawaii?

What is Hawaii's minimum wage?

The $18 minimum would be the highest minimum wage among the 50 states when Gov. David Ige, who has said he supports it, signs the bill into law. Hawaii's minimum wage is currently $10.10 an hour.