Hawaii, the Aloha State, is a state many people dream of retiring to. Beaches are everywhere, paradise is a step out your door, and some of the most gorgeous sights one can see are what people think of when they imagine Hawaii. In addition, Hawaii is known for its magnificent weather where winter does not exist. So, if you've lived a life where you can retire to Hawaii, you're in for a treat, as this state has it all. However, paradise isn't free, and the cost of living in Hawaii is expensive, as one might expect. Read below to see how we break down Hawaii's cost of living by category.
Hawaii's cost of living is nearly double the average cost of living in the rest of the US. If you want to retire here, you'll have to have some money saved. While many believe it's worth it, nothing in Hawaii is nowhere near the national average. The housing cost is triple the norm, with the median home price over double. When retiring to Hawaii, it's crucial to be strategic with how you approach it. Is it possible to retire in Hawaii without stress? Yes. However, paradise does require planning and finding the ideal place to live.
| COST OF LIVING | Hawaii | United States |
|---|---|---|
| Overall | 192.9 | 100 |
| Grocery | 157.9 | 100 |
| Housing | 313.1 | 100 |
| Median Home Cost | $615,300 | $291,700 |
| Utilities | 169.2 | 100 |
| Transportation | 141.1 | 100 |
| Miscellaneous | 126.7 | 100 |
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