Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Nobody expects rock-bottom prices in Hawaii — but that doesn't mean all cities are equally expensive. Honolulu (index 135, rent $2,548/mo) carves out real savings within a high-cost market. We analyzed 1 cities to find where your money goes furthest in 2026.
Nobody expects rock-bottom prices in Hawaii — but that doesn't mean all cities are equally expensive. Honolulu (index 135, rent $2,548/mo) carves out real savings within a high-cost market. We analyzed 1 cities to find where your money goes furthest in 2026.
Here's Honolulu by the numbers — and there's a lot to like. Cost index: 135. Rent: $2,548/month. Income: $85,428/year. Home price: $758,507. Population: 341,778. The strongest category is Utilities at 125; the most expensive is Housing at 189. Translate that rent to annual numbers, and residents are costing renters $7,836 more per year vs. the national median. This alone could tip the scales (not adjusted for inflation, but still telling).
Rent data is sourced from Zillow's Observed Rent Index (ZORI), which tracks the median rent across all active listings — not just new leases. And generally speaking, this gives a more representative and stable signal than asking prices alone. Honolulu: $2,548/mo.
With that foundation in place: State context matters: Hawaii's 1 cities average a 135 cost index with $2,548/month median rent and $85,428 household income. The most isolated and expensive housing market in the US. The table is nice. The insights below it are nicer.
Bottom line: Honolulu leads this ranking for clear, data-backed reasons — but the "best" city depends on your priorities. Click into any city below to see the full detail page with 12-month trend charts, profession-specific salary data, and a breakdown of all five cost categories. If you're seriously considering a move, use our salary calculator to model your specific income against these numbers. If you've been scrolling through listings in high-cost metros and feeling defeated, look at these numbers again. Seriously. The difference between renting here and renting in a major coastal city could literally fund a retirement account. That's not hyperbole — run the math yourself. A thousand dollars a month saved, compounded over a decade, is a down payment on a house. In this city, that math actually works.
#1 Ranked: Honolulu — cost index 135, rent $2,548/mo, income $85,428
0 of 1 cities come in below the national cost-of-living average of 112
Data sourced from Census Bureau, Zillow, BLS, and Tax Foundation — current as of 2026
341,778 residents · Hawaii
Here's Honolulu by the numbers — and there's a lot to like. Cost index: 135. Rent: $2,548/month. Income: $85,428/year. Home price: $758,507. Population: 341,778. The strongest category is Utilities at 125; the most expensive is Housing at 189. Translate that rent to annual numbers, and residents are costing renters $7,836 more per year vs. the national median. Not many cities can claim this.
Cities are ranked by median 1-bedroom rent from Zillow's Observed Rent Index (ZORI). ZORI reflects the median rent across all listed units, not just new leases, providing a more stable and representative figure. All data is sourced from federal agencies and verified research institutions. Cost of living indices are normalized to 100 (national median) using Zillow rent as the primary signal, with sub-category adjustments derived from regional BLS price data. Rankings are updated monthly as new data is released.
Honolulu ranks #1 in Hawaii for this analysis with a cost index of 135 and median income of $85,428.
Our cost of living index uses real Zillow rent data as the foundation, indexed to 100 (national median). Sub-categories (housing, food, transport, utilities, healthcare) are derived from the overall index with regional adjustments. Data is updated monthly.
City data is refreshed monthly from Census Bureau population estimates, Zillow rent and home price indices, BLS salary data, and Tax Foundation tax rates. Last updated: 2026.
The median 1-bedroom rent in Honolulu is $2,548/month as of 2026, based on Zillow's Observed Rent Index. This is $653 above the national median of $1,895/month.
The median home price in Honolulu is $758,507, which is 8.9× the local median income. Most median-income households would stretch to buy at this ratio. The national median home price is $467,370.
Hawaii has a 11% state income tax rate. Combined state and local sales tax averages 4.44%, and the effective property tax rate is 0.27%.
This ranking was generated using data current as of early 2026. Population and income data comes from the Census Bureau's American Community Survey (5-year estimates). Rent and home price data is from Zillow's monthly releases. Tax rates are from the Tax Foundation's 2025 edition. Rankings are refreshed monthly.