Quality of Life Assessment for a $133,600 Salary in Honolulu, HI

Cost of Living

• General Cost Overview:

  • Honolulu has a significantly higher cost of living compared to the national average.
  • Expenses relating to groceries, utilities, transportation, and healthcare are generally more expensive than in many other U.S. cities.

• Impact on Lifestyle:

  • A salary of $133,600 in Honolulu provides a comfortable lifestyle but may require budget considerations due to elevated costs.
  • Discretionary spending might be limited compared to living in areas with a lower cost of living.

Housing Market

• Median Home Price:

  • Housing costs in Honolulu are notably high, with median home prices significantly above the national average.
  • Prohibitive home prices may necessitate renting or living in smaller or less centrally located properties for those earning $133,600.

• Rental Market:

  • Renting can also be expensive, with the price of rental properties rising due to high demand and limited supply.
  • Budget-conscious individuals may have to consider apartments rather than larger single-family homes.

Quality of Life

• Cultural and Recreational Opportunities:

  • Honolulu offers rich cultural experiences, striking natural beauty, and a favorable climate, which enhance the overall quality of life.
  • Outdoor activities such as surfing, hiking, and beach outings are readily available and contribute to a healthy lifestyle.

• Work-Life Balance:

  • The island lifestyle promotes a more relaxed work-life balance, which can lead to improved mental well-being.

Access to Healthcare

• Healthcare Services:

  • Healthcare facilities in Honolulu are generally of high quality, though accessing some specialized services may require mainland referrals.
  • Costs for healthcare premiums and services are generally higher than the U.S. average.

• Insurance Considerations:

  • For someone earning $133,600, investing in comprehensive health insurance is crucial to manage potential out-of-pocket expenses.

Quality of K-12 Schools

• Public School System:

  • Public schools vary in quality, with some schools performing well on national assessments while others face challenges.
  • Areas with higher-performing schools may also have higher housing costs.

• Private School Options:

  • Private and charter schools offer strong educational opportunities but can represent a significant additional financial commitment.

Assessment Summary

A salary of $133,600 in Honolulu, HI, allows for