Cost of Living in Honolulu County, Hawaii

$2,054/mo
Median Monthly Rent
$873,000
Median Home Value
22% above state averageUnaffordable

At a Glance

Median Monthly Rent
$2,054/mo
22% above state average
Median Home Value
$873,000
210% above national
Rent-to-Income Ratio
33.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Honolulu County Compares

Median monthly rent comparison

Honolulu County$2,054/mo
Hawaii Average$1,688/mo
National Median$1,163/mo

Detailed Housing Stats

$2,054/mo
Median Gross Rent
$873,000
Median Home Value
$2,236/mo
Monthly Owner Cost
33.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Honolulu County, Hawaii

Honolulu strains household budgets nationwide

Honolulu County's 23.6% rent-to-income ratio exceeds the national norm, despite a median household income of $104,264—40% higher than the U.S. average. At $2,054 per month for median gross rent, Honolulu residents pay significantly more just to secure housing.

Most expensive rental market in Hawaii

Honolulu County ranks last among Hawaii's five counties for affordability, with a 23.6% rent-to-income ratio that exceeds the state average of 22.1%. Its $2,054 median monthly rent towers over the state median of $1,688, driven by the urban density and tourism economy of Oahu.

Honolulu rents dwarf other island counties

Honolulu's $2,054 median rent is 46% higher than Hawaii County ($1,411) and 10-15% costlier than Maui or Kauai counties. Even Honolulu's $104,264 median household income barely cushions the blow—renters and buyers here face the steepest affordability challenges in the state.

Nearly a quarter of income goes to rent

Honolulu residents allocate 23.6% of their $104,264 median household income—roughly $2,054 monthly—to rent alone. Homeownership costs even more at $2,236 per month, with median home values of $873,000 placing ownership out of reach for many despite above-average incomes.

Honolulu: premium pricing for island access

Honolulu's high rents and home values reflect its role as Hawaii's urban center, but they demand household incomes well above the $104,264 median to achieve true affordability. If you're considering Oahu, carefully calculate whether your income can sustain the 23.6% housing burden plus other island-specific expenses.

Affordability Calculator

See how your income compares to housing costs in Honolulu County

$

Rent Burden

23.6%

of gross income

Max Housing (28% Rule)

$2,433

per month

Owner Cost Burden

25.7%

of gross income

The median home in Honolulu County may be a stretch

Median home value is $873,000. Estimated monthly cost: $6,969 vs. your max of $2,433.

Rent Affordability Guide

Your rent-to-income ratio23.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Honolulu County, Hawaii?
Honolulu County, Hawaii has a median monthly rent of $2,054/mo and a median home value of $873,000. The affordability rating is Unaffordable, with rent making up approximately 33.0% of median household income.
What is the median rent in Honolulu County?
The median gross rent in Honolulu County is $2,054/mo. This is 22% above state average for Hawaii.
Is Honolulu County affordable?
Honolulu County is rated Unaffordable based on rent-to-income ratio of 33.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Honolulu County's rent compare to the state average?
Honolulu County's median rent of $2,054/mo is 22% above state average of $1,688/mo for Hawaii.
What is the median home value in Honolulu County?
The median home value in Honolulu County, Hawaii is $873,000. This is 210% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.