Hawaii Cost of Living & Economic Score

Federal Bureau of Economic Analysis data on price levels, real income, and household-budget impact for Hawaii. Last updated 2024.

D-
InflationRank Score
61 / 100
Hawaii ranks around the U.S. national average for cost-of-living-adjusted economic conditions.
Cost level (RPP)
110.0
10% above U.S. average
Real per-capita income
$58.0K
1K below U.S. ($59K)
Property tax
0.27%
vs U.S. avg 1.02%
Sales tax
4.50%
combined state + local avg
State income tax (top)
11.00%
top marginal rate
Home insurance (avg)
$553/yr
~$300K coverage

Cost of living in Hawaii

According to the U.S. Bureau of Economic Analysis, prices in Hawaii run 10.0% above the U.S. average (Regional Price Parity index 110.0 on a base of 100). The state sits in the West region. That puts it among the most expensive states in the country.

Real per-capita personal income — what local residents actually earn after adjusting for cost of living — is $58.0K (vs $59K nationally). Locals have somewhat lower real purchasing power than the U.S. average, even after accounting for the state's cheaper or comparable price level.

Notable cost factors: high top-marginal income tax of 11%, low property tax (0.27%).

Cost of living in Hawaii's major metro areas

How does cost of living in Hawaii compare to other states?

District of Columbia D California D- New Jersey D Georgia B- Iowa B

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Frequently Asked Questions

What is the cost of living in Hawaii?

Hawaii's Regional Price Parity (RPP) is 110.0 (U.S.=100), meaning prices are 10.0% above the national average. Source: U.S. Bureau of Economic Analysis, 2024.

Is Hawaii affordable to live in?

Hawaii has an InflationRank score of 61/100 (grade D-), reflecting costs above the national average relative to local incomes. Real per-capita income is $58.0K (U.S. avg $59K).

What is the InflationRank score for Hawaii?

Hawaii's InflationRank score is 61/100 (grade D-). The score blends cost burden (60%), inflation pressure (25%), and income resilience (15%), using Bureau of Economic Analysis and Bureau of Labor Statistics federal data.

About the InflationRank Score

The InflationRank Score is a proprietary 0–100 composite that summarizes a place's cost-of-living and economic conditions on a familiar A–F grading scale. Higher scores reflect a better cost-of-living-adjusted economic situation.

The composite weighs three dimensions sourced from federal government datasets: cost level (how local prices compare to the national average), inflation pressure (recent direction and pace of cost movements), and income resilience (real, cost-adjusted earning power of local residents). The score is anchored to the U.S. national average and reviewed annually as federal data refreshes.

Underlying data is drawn from authoritative federal economic agencies and public housing datasets. See full data sources →