Cost of Living in Hawaii In 2024 | The Real Cost | Breakdown & Insights
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- Опубликовано: 26 июн 2024
- Aloha! Are you considering moving to Hawaii in 2024? Wondering what it costs to live in Hawaii? Join me as I dive deep into the cost of living in Hawaii.
From housing prices and grocery costs to utility bills and transportation expenses, I cover it all! Whether you're thinking about relocating to Hawaii or just curious about the island lifestyle, this video is your ultimate guide to understanding what it really costs to live in Hawaii. Is the cost of living in Hawaii worth it? By the end of this video, you'll have a clearer picture of the financial realities of Hawaiian life and be better equipped to decide if moving to paradise in 2024 is right for you. Discover the real cost of living in Hawaii in 2024 with our detailed guide.
Check out My Guide to Costs Of Living In Hawaii In 2024:
www.hiestates.com/blog/cost-o...
In this video, I'll cover:
Home Prices: An overview of Hawaii's housing market and general numbers about what you can expect to pay.
Renting in Hawaii: Insights into rental costs.
Daily Expenses: From groceries to dining out, we give specific numbers to food expenses. View my guide to Grocery Costs In Paradise
www.hiestates.com/blog/a-guid...
Utilities and Taxes: We break down monthly bills costs and the unique tax obligations in Hawaii. View our Utility cost blog post:
www.hiestates.com/blog/hawaii...
Income & Expenses: Understand what income you need to earn to live in Hawaii to match the living expenses.
View all Cost Of Living posts on my blog:
www.hiestates.com/blog/catego...
View My Brief Guide To Moving To Hawaii:
www.hiestates.com/blog/moving...
00:00 Intro
00:48 Overview of Video Content
01:55 Hawaii Home Prices
03:15 Rental Market Insights
04:24 Costs of Groceries in Hawaii
05:44 Restaurant Dining Costs
06:40 Utility and Other Recurring Costs
08:57 Understanding Hawaii's Taxes
09:46 Hawaii Incomes
10:05 2-Person Living Expense Budget
11:42 4-Person Family Living Expense Budget
12:35 Income Versus Expenses
13:12 Is It Worth It?
14:32 Outro
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People have two or three jobs in Oahu, Hawaii. I moved from a low cost living to Oahu and it was a rude waking. 70 percent goes to rent. Only have 700 left over for bills, car payment, insurances, food. I am planning go back where I make less but live better because of the low cost of living.
Totally understand. Thanks for sharing. Definitely want people to know the costs before they move out to prevent disaster
Many people who are born and raised here, cannot afford it. An average of 10,000 people leave hawaii every year, away from family and the aina (land). Hawaii is fast becoming affordable only for wealthy outsiders- domestic and foreign.
My grocery tripled last 18 months
all rent has doubled and landlords are breaking up their houses and each section is ugly and super high Like $4500 for 2 bedroom's all small
no ugly condos or townhomes under $800k
Houses are built cheap with poor quality in Hawaii. Lack of materials. To build right you must ship all your materials in a container to your Hawaii location from mainland west coast.This saves money too.
Ward is not worth it as renter . I’ve auto paid ~5k in rent here for 4 years and the owners still make me scramble to switch units 30 days before lease ends d/t either fickle sell threats or jacking up rent 600$/month .
So abusive
Need to add HOA fees. I have seen them as high as $2000 per month.
Thanks for the feedback. Appreciate it and thanks for watching. HOA fees are actually in there for the condo one. That's the $650 maintenance fees cost. Older median sales price condo units should be on average $1/sq ft which most median condos are going to be 500-650 sq ft.
Thanks for posting. Considering retiring in Oahu.
Ahh. Okay. Thanks for that clarification. Although I think $650 would be on the low end.
I thought the same about HOA.
Great deal! 'Now's a great time to Buy! 😂
Good one.
My RV costs me about $30,000 a yr to live in for 6 months a year
That was pretty good Scott. I managed to buy Kailua condo 2015 when 61 yrs old, for all my cash. I rent out one room to a great tenant, rent covers the maintenance fee. Property taxes is very fair, at 2-3 grand pa. I don’t own or need a car. All my leisure entertainment is free, on the beach. Electric is about $150 pm cos no heating, no aircon needed. The idea of a house with kids and car here in Hawaii doesn’t appeal to me much, can’t afford that anyway.
That’s a great examples. Thanks for sharing.
You can’t get much in town for the medium. You have to live in Ewa/ Kapolei. Now you have to live in a sauna, commute.
For white collar’s income in reality good with added COLA benefits but for blue collar’s they have to have at least double jobs and work extra on weekends to be able to make it.
We lived in Manhattan, and vacationed to Hawaii every 6 months for 7 years. We stopped do to all the robberies and thefts. We didn't stop due to the costs. It was possible to rent a hotel room back then for $50 a night. It is still worth only $50 a night. There is nothing that special anymore about the Honolulu. And I am a licensed lawyer there as well as TX and NY. Now living in France.
Depending on what area on Oahu Eastside or Westside Honolulu Kakaako one waterfront Towers two bedroom maintenance fit cost $2,000 month.
You have a variety options to choose from on Oahu.
The Median incomes and the median house prices don't make sense.
Condolulu sucks.