Quality of Life in Honolulu, HI on an $82,160 Salary

Living in Honolulu, Hawaii, on an $82,160 annual salary can offer a unique and beautiful lifestyle but also presents financial challenges due to high costs. Below is an assessment of various aspects of living in Honolulu compared to the broader United States.

Cost of Living

• Comparison to National Average: Honolulu's cost of living is significantly higher than the national average. Essential goods and services, such as groceries, transportation, and utilities, tend to be more expensive.
• Index Data:
  • Overall Cost of Living: Approximately 88% higher than the U.S. average.
  • Groceries: Around 55% higher.
  • Utilities: 60% higher.

Housing Market

• Home Prices: The median home price in Honolulu is substantially higher than the national average, making homeownership challenging.
  • Median Home Price: Approximately $850,000 as of 2023.
  • Rental Costs: Average rent can vary from $1,800 to $3,500 per month depending on location and size of the property.
• Comparison to U.S. Median: More than double the U.S. median home price, reflecting a competitive and high-demand market.

Quality of Life

• Natural Beauty: Proximity to beaches, mountains, and a warm climate contributes greatly to quality of life.
• Environment: Clean air and access to outdoor activities enhance health and wellness.
• Leisure and Culture: Rich cultural heritage and a variety of recreational options available.

Access to Healthcare

• Healthcare Facilities: Overall, Honolulu has adequate healthcare facilities with several hospitals and specialized care centers.
• Cost: Healthcare costs can be higher than the national average due to both the labor and logistics involved in supplying medical goods and services in the island location.
• Quality: Generally high-quality healthcare services with a range of specialties available.

Quality of K-12 Schools

• Public Education: Varied performance among schools; some match or exceed national standards while others may lag.
• Private Schools: Multiple private school options with high educational standards, though tuition can be expensive.
• Challenges: Budget constraints can affect resources and class sizes in public schools.

Assessment Summary

Living in Honolulu on an $82,160 salary offers a lifestyle rich in natural beauty and cultural experiences, but it comes with