Why Is it So Expensive to Live in Hawaii?
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- Опубликовано: 16 апр 2019
- I think everyone knows that Hawaii is an expensive place to live. I was thinking about why the cost of living in Hawaii is so high and things cost so much. I think it has to do with the cost of housing, transportation, food, taxes, and income potential. Let me know if I missed anything in the comments.
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#Hawaii
#LivingInHawaii
#CostOfParadise
Great video! I fell in love with Hawaii in 2016 and have been so curious about the cost of living there. Thanks for sharing!
Lots of people love Hawaii. Just not the cost of living here. :)
A one year bus pass is $770. One month is $70. For seniors a one year pass is $35 and an one month pass is $6. The Bus system is excellent...or at least it was when I lived there (1977-1988).
I'm not sure how the bus system is now. I haven't caught the bus in years.
You forgot to explain the "why" part. Long story short, 1) The closest shipping point is 2500 miles away, and 2) greedy real estate developers and speculators have driven housing prices sky high.
It is a much more complex story, but in a nutshell, those two generalities cover it. This is what I've witnessed living here for 63 years - born and raised, never lived anywhere else.
I hear you . Everything your saying is true but the devils can only do deals with those willing .....
I watched a family next door to me sell their house in paia that's been in the family for generations for 3 million .....
Also, the Jones Act, which enforces that only US flag ships can send goods to Hawaii, drastically increasing import costs. The same problem exists in Puerto Rico.
Wow Brad C.
You are 100% on point correct accurate.
@@nickramundo6720
In my humble opinion,. They should not have sold home.
I hope other multi-Generation Local families are reading and heeding this thread.
@@Andreas4696
Respectfully, there a counterpoint to this.
Should the U.S. guardian-America Economy Jones Act disappear, Jobs will disappear; dry up.
We wouldn't want that to exacerbate the already extremely bad job scenario would we.
(These are not minimum wage jobs; these are the better to good paying skilled trades and licensed blue collar jobs).
Well said Chris👏🏼 For me, Family is my #1 reason why I choose to stay. Now, if I could buy a huge lot of land and transport my entire family there with me… then yes I’d move in a heart beat.
Yeah, I think that's what a lot of locals would do if they could. Gotta buy up some desert land in Nevada and officially label it the Ninth Island.
Tony from NYC love your videos and your truthfulness
The background music makes it sound like a murder mystery video. I guess the prices are a bit scary!
I agree with the person who mentioned the Jones Act. That causes shipping costs to be higher versus the mainland, and that gets passed on to the consumer.
Good explanation , love your videos
Thanks. :)
Lived in Hawaii for 10 years and it was expensive. Housing is very expensive and it's the largest cost. Living there was definitely interesting. Shipping distance and cost of shipping factor into the cost of almost everything. Transportation is also a large expense. When I was there, the best jobs were goverment jobs ..Almost everyone I knew worked more than one job.
The *Jones Act* is a federal law that regulates maritime commerce in the United States. The Jones Act requires goods shipped between U.S. ports to be transported on ships that are built, owned, and operated by United States citizens or permanent residents. The Jones Act is Section 27 of the Merchant Marine Act of 1920, which provided for the maintenance of the American merchant marine.
The U.S. *Jones Act* increases the cost of shipping to Hawaii which relies on imports by restricting the number of vessels that can legally deliver goods. The supply of American-built, -owned, and -operated vessels is relatively small compared to the global supply of ships, while the demand for basic goods tends to grow. This creates a scenario in which shipping companies can charge much higher rates because of a lack of competition, with the increased costs passed on to consumers. This may lead to consumers taking on more debt in order to finance purchases, which can have a negative effect on government finances.
hi man, THis vid really lines up with another one you did on the difficulty of living in Hawaii. My Aunt lived in L A for many yrs before moving back to Toronto. 2 other phenomenally expensive cities to live in .L A was not that much better, and toronto is one one of the most (besides Vancouver here ) expensive cities in the world to live in . But where you are If you factor in the cost it takes to get everything there, from flat screens to light rail cars.. aka everything, that part makes sense... Ship or plane... its all ya got to get it there. As for all else, real estate like in many cities will charge what the market will bare. or...whatever people are willing to pay. the very name honolulu, just like Bel Air.. could instantly inflate prices by nature of the name, for everyone. Great vid. things people should know man !
Thanks. Appreciate it. Aloha!
@@HelloFromHawaii anytime man
For real it does get expensive here sometimes lol
I pay about 30% income tax here in NYC as well and lunch $10-15 is just life🤣
New subscriber here! Moved to Cali from Hawai'i over twenty years ago, visited HI a couple times over the years. Eight-fitty for a gallon of milk? And that was LAST year?
I feel for you but have you tried living in seattle ??
1 bedroom apartment 2200
Gas 4.20 a gallon
Traffic from anywhere . Dont get me started
I just moved to Honolulu and am glad I watched many of your videos first. Today my Korean landlady, who has been here 40 years, and I were talking about Hawaii. I had to stop and laugh because she said so many of the same things you say in your videos!
This is especially true when discussing the way Hawaiian people have been unfairly treated. I hope I can be a good neighbor. The insights you both provided have been very helpful. Mahalo.
Hope you enjoy your time in Honolulu. 🤙
@@HelloFromHawaii Mahalo! Great so far!
Rent/Mortgage payments as well as total buying price of a condo is much cheaper in Maui than southern CA. Gas is about the same. You don't need a car in Maui (the bus system is amazing!). Milk is regularly priced about $5 a gallon in Maui. Food isn't terribly expensive on Maui either. Just shop smart.
Change your back ground music. Good video
Thanks for the comment. Glad you liked the video.
Could you please ,if possible, let me know the company you hire to ship your car from the mainland, I would to do the same. One thing I can't understand, 1;- Oahu's an island, which means, you can only go so far in any direction , I mean , your like in Gilligan';s island, why? would you even consider getting a train? 2;- I heard there were always problems with the light power, that sometimes big areas are without power, and this was before the train. So here's my question, " From where is the electrical power for the train going to be coming from ? I also believe that some sneaky politicians there are pocketing some money, the Federals believe too, that's why I believe they asked for a better explanation , or accounting of the project.
First,,,, I love your channel. Love it. You didn't have enough time to really do it justice. First Oahu is not Hawaii. It is what people are drawn to, but there are other options. Yes taxes are high (Washington state has no income taxes but sales tax is over 8.5%) we have a home on the big island and we understand it cost a little more (paradise tax) but though I grew up in waianae I would never consider living on Oahu again. Just saying all Hawaii is not the same. But I love your channel. Keep up the good work.
Thanks. Appreciate it.
Aloha, Rick! I used to live in Wailuku and owned a condo (Schuler development). We would love to move back to Hawaii and I considered Hilo and Waimea. I did a touring helicopter 5000 hour rebuild in Waimea; parts manager for a small team. How is the cost of living in either area. I know Kona side is ridiculously higher than the Hilo side...or is it?
8:29
8:32
That's 350.00 a week!
Not a day! A WEEK !!
This means a 40 hour a week full time job will have you walking the street homeless and barely eating even, ....nothing more.
Aloha! What are Walmarts like there, I know Walmart is not the best for Quality, but it is the cheapest for groceries and everyday items.
Walmarts here are probably similar to where you are from. Cheap, but sometimes sketchy.
Hawaii sounds expensive but Florida is as well like many parts of the US! Minimum wage here is $8.56 accommodation(depending on area) 1bed approx $900- $1200 per month 2 bed $1,600-$2,000+ Gas is cheap $2.15per gal, food is always increasing, problem is most businesses only hire someone for 20 hours a week so that they don't have to give health insurance, so then you need a second job, but when and where? We have a lot of homeless people and families living in cars and eating at different places for free. Sunshine and heat is for free !
Great content, with a notable effort to provide objective viewpoints. One point to be thankful for, although so extremely painful for the locals, is the high cost of living in paradise. After all, if the cost of living was more affordable it is likely that the inflow of migrants would be a tsunami, rather than a steady stream. So don't lose sight of how much the positives outweigh the negatives.
Good perspective. I'm sure even more people would come here if it was cheaper.
What's the cost now for a studio apartment or smaller good for 1 person. Now covid you think it's cheaper. I'm from hawaii an want to go back home. T y bra
I'm not sure about costs, but rent can be around $1200? Depends on location.
In Hawai'i if you earn 1,000.00 a week NET (not gross; that will be what your paycheck says on it), you will be living on the very edge of homelessness and borderline poverty.
That is 1,000 a WEEK.
1,000 a week NET is over 50,000.00 a year gross.
How many working Americans earn slightly more than 50,000.00 a year?
Hawai’i has the lowest paid employees in any sector. On top of that jobs are limited, and if you have business contacts outside of Hawaii good luck trying to reach them during their business hours
True, it's hard to contact people outside of Hawaii for business. Gotta wake up extra early to make that phone call.
I live in the greater Miami-Fort Lauderdale area. When I first moved here in 1990 Fort Lauderdale was a sleepy little town whose down town was boarded up because small shopping centers had taken the life of the city. The neighborhood where I first lived and have now moved back to was then a pile of cheap 7/11s, dives, trailer parks and abandoned stores. Now it is a booming town with over 40,000 inhabitants (then around 9-10,000). Fort Lauderdaleʻs downtown has been real-estate-ized by speculation and super rich South Americans who have paid for all with flight capital and have mansions and luxus condos in which they live maybe three weeks a year. Housing has become super expensive. A studio here also goes for around $1,000 to $1,200 a month. Our minimum wage here is $7,25 but a lot of people do tip jobs, so they only get the half of that. No sick leave, no paid vacation - a lot of jig jobs, now. Competition for jobs is high because more and more people escape from Cuba, Venezuela, Haiti, the Dominican Republic, Jamaica, Colombia and to a lesser degree Central America and Mexico. You are advise to practice your Spanish and acquire our slang (tag = license plate, Publix = grocery store, the Drive = main street in Wilton Manors, our amusement area, caramba = frap or wow, depending on mood,, anglo = person who only speaks English, Caille Ocho = biggest street fest in our area held in "Little Havana", medianoche = mid night but the name of a local sandwich, arepa = Venezuelan street food, piklis = Hawaiian HOT relish (your breath will light the house on fire, irey mon! = cool man! (Jamaicans brought it but now all around), guaguita = illegal little bus that picks people up and lets them off where they want. The good news: no state income tax but sales tax differs from city to city. You MUST have your lights on in your car when it is raining (if not, ticket!!!) And donʻt let me write about traffic!!!! The worst. (Think think I will start a blog on moving to Fort Lauderdale)
Is it practical to get a Rv and boondock at parking lots in Hawaii?
What work do you do in Hawaii, how do you afford to live there?
I work in government and it takes a lot of saving and budgeting. Having family here also helps. :)
@@HelloFromHawaii
It must be tough.
Smooth sailing to You & loved ones.
@@HelloFromHawaii why having family there could help? I am going to get married and may live there
In any city or town in America they keep zoning rules to prevent higher density and lower cost housing.
If you see a neighborhood where most homes have more than two cars parked in the driveway of on the street out front, that usually signals a shortage of low cost single unit and two bedroom lower income housing options. A house or townhouse with five wage earning adults is a big sign of a critical housing shortage.
Capitalism usually rises to fill the void. Homes get torn down to build apartment blocks, and so on.
Gas in Los Angeles is more expensive.
What are the prices there? The news just reported $3.66 as the state average.
I live in Mililani 2/1 for 1750
That's a pretty good price. Long commute to work? Military job?
Hello From Hawaii I work in Wahiawa el and no not military lol just lucky
Expensive compared to where? Housing in coastal California is more expensive than the best parts of the Big Island, maybe comparable to metro Honolulu. You identify contributors to the high cost of housing: imported materials, construction costs. But in every part of the USA, the obstacle to affordable housing is NIMBY-influenced local governments. California had to pass statewide legislation to prevent cities and counties from limiting growth to a lesser rate than population expansion. Hawaii needs to do the same. There is ample buildable land on all of the islands. And I favor using local materials. There is enough lava rock in my area to build thousands of homes. It's structural when mortared.
A TEN dollar bill ?? An HOUR?!
My mom in law she work for the Mc donalds , just only $10 or $11.5/ hour 🙄
@@Hannah-qy7bt
Awww, Your Mom, She works hard.
Bless Her Soul✓
Gas seems ok, sadly. The rest - oof
The only way I’d live there would be a substantial Powerball win. SUBSTANTIAL. I’d have to have disgusting amounts of money to feel like I could live there without going under.
People with fantasies of living there...go there for a week and live in an AirBnb. Rent a car. Experience the traffic and the cost of gas. Go to the grocery store to fill your fridge and see that wacky-ass cost of milk. Be realistic about your prospects. Why scrape by when you can flourish elsewhere? Don’t go broke chasing Instagram clout.
Get rid of the Jones Act.