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Cost of Living in Urban Honolulu, HI

Population 345,482 · Census ACS 2020–2024 5-year estimates

Median rent$1,823
Median home value$843,400
Median household income$86,504

The median rent in Urban Honolulu, HI is $1,823/month, 8% lower than the Hawaii median and 29% higher than the U.S. median. The median home value is $843,400, 154% higher than the national median. Households earn a median of $86,504 a year, 14% lower than the state median.

Affordability

Rent as a share of median income: 25.3%
Income needed for median rent (30% rule): $72,920/yr
Home price-to-income ratio: 9.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $4,265/mo

Run your own numbers: mortgage calculator · hourly to salary

Urban Honolulu vs. Hawaii vs. U.S.

Urban HonoluluHawaiiU.S.
Median rent$1,823$1,971$1,413
Median home value$843,400$839,100$332,700
Median household income$86,504$100,389$80,734
Homeownership rate48.9%63.0%65.2%
Bachelor's degree or higher41.5%36.1%35.7%
Poverty rate11.9%10.0%12.5%
Unemployment rate4.8%4.9%5.2%
Work from home9.8%9.6%15.1%
Median age43.040.938.9

FAQ

What is the average rent in Urban Honolulu, HI?

The median gross rent in Urban Honolulu, HI is $1,823 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Urban Honolulu, HI?

Using the common 30% rule, renting a median-priced home takes about $72,920 a year in gross income.

Is Urban Honolulu, HI expensive to live in?

Rent there is 29% higher than the U.S. median, and the median home costs about 9.7 times the median household income.

Other cities in Hawaii

East Honolulu, HIRent $3,313 · Income $159,518Hilo, HIRent $1,427 · Income $81,779Pearl City, HIRent $2,316 · Income $118,112Waipahu, HIRent $1,658 · Income $103,895Kailua CDP (Honolulu County), HIRent $3,093 · Income $148,582Kaneohe, HIRent $2,269 · Income $125,613

Cities with a similar cost of living

Avondale, AZRent $1,832 · Income $86,123South Portland, MERent $1,812 · Income $86,838La Puente, CARent $1,849 · Income $86,602Federal Way, WARent $1,797 · Income $86,909Greenbelt, MDRent $1,848 · Income $85,997Salem, MARent $1,836 · Income $85,153

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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