Quality of Life in Honolulu, HI

Income Overview

• Annual Salary: $137,920
• Comparison to U.S. Median: Higher than the national median household income, which hovers around $70,000.

Cost of Living

• General Index: Significantly higher than the U.S. average.
• Key Expenses:
  • Groceries: Approximately 30% more expensive.
  • Utilities: Moderately higher costs, driven by energy expenses.
  • Transportation: Costs are elevated, although mitigated by the availability of public transport and the island's compact size.

Housing Market

• Median Home Price: Substantially higher than the national average.
• Rent Alternatives: Rent prices are also elevated, often 50% above the national average.
• Purchasing Challenges: Limited inventory due to space constraints on the island, contributing to competitive markets and high prices.

Quality of Life

• Lifestyle: Offers a unique blend of cultural diversity, outdoor recreation, and natural beauty.
• Climate: Consistently warm weather and lush landscapes provide a year-round appeal.
• Leisure Activities: Water sports, hiking trails, and vibrant community events contribute to a high recreational standard.

Access to Healthcare

• Healthcare Quality: Generally high, with reputable facilities and medical professionals.
• Cost: Healthcare expenses are above the national average, reflecting the overall higher living cost.

Quality of K-12 Schools

• Public School System: Varies across districts, with some schools excelling in test scores and extracurriculars.
• Private School Options: Diverse and well-regarded, but can be costly.
• State Education Initiatives: Ongoing efforts to improve educational outcomes and facilities.

Summary of Assessment

An annual income of $137,920 in Honolulu provides a comfortable lifestyle but requires careful budgeting due to high living costs, especially in housing. While everyday costs and home prices are high, the unique environment, mild climate, and strong sense of community enhance the quality of life. Access to healthcare is robust, though costly, and educational opportunities are ample, albeit varied depending on location and type of schooling chosen.