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GOBankingRates recently conducted a study to determine which cities in Hawaii have the lowest and highest cost of living.
Due to limited land availability and high demand, real estate prices are steep.
In general, the states average home price as of 2024 comes in over $850,000.
Renters also face high costs, with theaverage monthly rentfor a one-bedroom apartment estimated to be over $2,000.
Water,sewer, and trash servicesadd to the overall cost of living adjustments youll have to make monthly.
Transportation costs also contribute to the high cost of living.
Gasoline prices in Hawaii are among the highest in the country, often exceeding $5 per gallon.
Healthcare and Education Costs in Hawaii
Healthcare in Hawaii is generally more expensive than on the mainland.
Many residents also face long waits for specialist appointments due to a shortage of healthcare providers.
Education, particularly higher education, is also costly.
While Hawaii boasts astrong public school system, the cost of private education and universities can be prohibitive.
All data was collected on and is up to date as of May 21st, 2024.
First GOBankingRates gathered cost of living indexes for over 6,400 cities across the United States.
Using the average mortgage cost and the average expenditure cost, the total cost of living can be calculated.
All data was collected on and is up to date as of June 17, 2024.
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