Quality of Life in Honolulu, HI with an Income of $119,200

Living in Honolulu, Hawaii, offers a unique blend of cultural richness, stunning natural beauty, and diverse lifestyle opportunities. However, the cost of living in Honolulu can be quite high. Here, we assess how someone earning $119,200 annually fares in Honolulu relative to the general cost of living and housing in the broader United States.

Cost of Living

• Overall Cost Index: Honolulu's cost of living is notably higher than the national average. The cost index is about 80% above the U.S. average.
• Groceries and Dining: Prices for groceries and dining out are considerably higher due to import costs and increased demand from tourists.
• Utilities and Transportation: These can also be higher than average, though public transportation is well-developed.

Housing Market

• Median Home Price: The median home price in Honolulu is significantly higher than the U.S. average, often exceeding $1 million.
• Rental Costs: Renting is also expensive, with average rental prices substantially above national averages for both apartments and houses.
• Affordability: With a $119,200 income, individuals may find buying a home challenging without significant savings or income supplements.

Quality of Life

• Lifestyle and Recreation: Honolulu offers a vibrant lifestyle with plentiful opportunities for outdoor activities, cultural events, and luxury experiences.
• Community and Safety: The city is known for its strong community ties and generally has a low crime rate, contributing to a high sense of security.

Access to Healthcare

• Healthcare Facilities: Honolulu provides access to high-quality healthcare facilities and professionals.
• Health Insurance and Costs: Access to employer-sponsored health insurance is beneficial, but out-of-pocket costs can be considerable.

Quality of K-12 Schools

• Public Schools: Public schools in Honolulu range in quality, with some schools receiving high marks but others needing improvement.
• Private School Options: There are several reputable private schools, which may be an appealing option but come with additional costs.

Summary of Assessment

Living in Honolulu on an income of $119,200 offers a decent quality of life, though budgeting is crucial due to high living costs. The area's natural beauty and recreational offerings enhance everyday life, while costs related to housing, groceries, and utilities require careful financial planning. Access to healthcare remains strong, and while public school quality may