Cost of Living in Urban Honolulu, Hawaii
In Urban Honolulu, the median household income is $86,504 and the median gross rent is $1,823/mo, with a median home value of $843,400. Source: Census Bureau ACS, 2020-2024 estimates.
- Median household income
- $86,504
- Median gross rent
- $1,823/mo
- Median home value
- $843,400
- Population
- 345,482
How Urban Honolulu compares to the Hawaii average
| Measure | Urban Honolulu, HI | Hawaii statewide | Difference |
|---|---|---|---|
| Median household income | $86,504 | $100,389 | -13.8% |
| Median gross rent (monthly) | $1,823 | $1,971 | -7.5% |
| Median home value | $843,400 | $839,100 | +0.5% |
Statewide, Hawaii prices average 110.0 on the BEA Regional Price Parity index (2024), where the U.S. average is 100.
Housing affordability in Urban Honolulu
- Salary needed for median rent
- $72,920
- Rent burden at median income
- 25.3%
- Est. affordable home price
- $315,561
So that $1,823/mo is 30% of gross income
Share of the median household income spent on median rent (30%+ = cost-burdened)
At median income, 6.67% 30-yr rate (FRED, 2026-08), 20% down, 28% front-end DTI
The median home value in Urban Honolulu is $843,400 — +167.3% above what the median household income supports under these assumptions.
Estimates from documented formulas — see methodology. Not financial advice.
About this data
- American Community Survey 5-Year Estimates — data period 2020-2024, retrieved August 13, 2026.
- Regional Price Parities — data period 2024, retrieved August 13, 2026.
- Federal Reserve Economic Data — data period 2026-08, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.