Hawaii · Population 346,323 · Updated March 2026
How far your income goes in Urban Honolulu
State-level tax rates that affect your costs
Urban Honolulu has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 175 (where 100 equals the national median), Urban Honolulu residents can expect to pay median rent of $1,783/month while earning a median household income of $85,428/year.
The median home value in Urban Honolulu, HI is $834,100, with typical monthly owner costs around $1,809 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.0%, Urban Honolulu falls within the generally affordable range, though it's approaching the 30% burden threshold.
Hawaii's top income tax rate of 11.0% is among the highest in the nation, adding to the overall cost burden. Combined with a 4.0% sales tax rate and 0.32% effective property tax rate, the overall tax environment is a factor in the total cost of living in Urban Honolulu.
Common questions about living costs in Urban Honolulu
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