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salary information

Salary Information for a Accountant in Honolulu, HI

Median salary:

This data reflects Total Cash for a Level 3 Accountant at a mid-size company. To get more detailed information on total compensation for the role of Accountant in Honolulu, HI, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a Accountant in Honolulu, HI?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

87.5

Total Comp (TC)

Cost of Living (COL) Index
87.5
COL-Adjusted TC

Median Home Price

What are the responsibilities of an Accountant in Honolulu, HI?

Prepare financial statements, record journal entries and reconcile books. May specialize in areas of accounting (tax, revenue recognition, etc)

What are the characteristics of a level 3 Accountant?

A level 3 Accountant in Honolulu, HI is a seasoned professional with competence, creativity in wide range of technical areas. They resolves most issues and problems effectively. Average experience 5.5 years.

Accountant

Benchmark Role

Individual Contributor

Job Type

Accounting

Job Family

Business

Job Area

Quality of Life in Honolulu, HI: A $91,280 Salary Perspective

Cost of Living

  • Higher Than National Average: Honolulu consistently ranks among the most expensive cities in the United States.
  • Everyday Expenses: Groceries, utilities, and transportation costs are generally higher compared to mainland cities.
  • State Taxes: Hawaii has a state income tax, which ranges from 1.4% to 11%, potentially impacting take-home pay.

Housing Market

  • High Home Prices: The median home price in Honolulu is significantly higher than the national average, often exceeding $800,000.
  • Rental Costs: Renting in Honolulu also commands a premium, with average rent for a one-bedroom apartment surpassing $2,000 per month.
  • Limited Housing Availability: The geographic limitations of an island contribute to scarcity in the housing market.

Quality of Life

  • Beautiful Scenery: Residents benefit from stunning natural landscapes, beaches, and pleasant weather year-round.
  • Cultural Activities: Honolulu offers a rich cultural scene with Hawaiian traditions, festivals, and diverse culinary options.
  • Outdoor Lifestyle: Ample opportunities for hiking, surfing, and other outdoor activities encourage an active lifestyle.

Access to Healthcare

  • High-Quality Healthcare: Honolulu is home to several top-rated hospitals and medical facilities.
  • Healthcare Costs: Medical expenses in Honolulu tend to be higher than the national average.
  • Availability: While healthcare quality is high, there may be longer wait times for services due to limited facilities.

Quality of K-12 Schools

  • Public Schools: Public school quality varies, with some highly-rated institutions and others requiring improvement.
  • Private Education: There are numerous private and charter schools that offer strong educational alternatives.
  • Extracurricular Opportunities: Schools often incorporate Hawaiian culture into their curriculum, providing unique learning experiences.

Summary

Living in Honolulu on a $91,280 salary offers a unique blend of natural beauty and cultural richness, yet presents challenges with high living costs and housing expenses. The city provides high-quality healthcare and diverse educational options, though these come with their own set of challenges and higher expense levels. Despite the elevated cost of living, the exceptional quality of life and vibrant local culture make Honolulu an attractive place to live for those who value lifestyle over purely financial considerations.

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OpenComp aggregates multiple data sources to provide accurate salary data for Honolulu, HI, specifically for a Level 3 Accountant. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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