Cost of Living in Hawaii In 2024 | The Real Cost

Cost of Living in Hawaii In 2024 | The Real Cost | Breakdown & Insights

Рет қаралды 8,117

Күн бұрын

Aloha! Are you considering moving to Hawaii in 2024? Wondering what it costs to live in Hawaii? Join me as I dive deep into the cost of living in Hawaii.
From housing prices and grocery costs to utility bills and transportation expenses, I cover it all! Whether you're thinking about relocating to Hawaii or just curious about the island lifestyle, this video is your ultimate guide to understanding what it really costs to live in Hawaii. Is the cost of living in Hawaii worth it? By the end of this video, you'll have a clearer picture of the financial realities of Hawaiian life and be better equipped to decide if moving to paradise in 2024 is right for you. Discover the real cost of living in Hawaii in 2024 with our detailed guide.
Check out My Guide to Costs Of Living In Hawaii In 2024:
www.hiestates.com/blog/cost-o...
In this video, I'll cover:
Home Prices: An overview of Hawaii's housing market and general numbers about what you can expect to pay.
Renting in Hawaii: Insights into rental costs.
Daily Expenses: From groceries to dining out, we give specific numbers to food expenses. View my guide to Grocery Costs In Paradise
www.hiestates.com/blog/a-guid...
Utilities and Taxes: We break down monthly bills costs and the unique tax obligations in Hawaii. View our Utility cost blog post:
www.hiestates.com/blog/hawaii...
Income & Expenses: Understand what income you need to earn to live in Hawaii to match the living expenses.
View all Cost Of Living posts on my blog:
www.hiestates.com/blog/catego...
View My Brief Guide To Moving To Hawaii:
www.hiestates.com/blog/moving...
00:00 Intro
00:48 Overview of Video Content
01:55 Hawaii Home Prices
03:15 Rental Market Insights
04:24 Costs of Groceries in Hawaii
05:44 Restaurant Dining Costs
06:40 Utility and Other Recurring Costs
08:57 Understanding Hawaii's Taxes
09:46 Hawaii Incomes
10:05 2-Person Living Expense Budget
11:42 4-Person Family Living Expense Budget
12:35 Income Versus Expenses
13:12 Is It Worth It?
14:32 Outro
Take Our Quizzes And Learn About Our Website:
www.hiestates.com/learn/
👋 Searching for your dream home? Start out at: www.hiestates.com/
Ready to go? Let us assist you: calendly.com/hiestates/30-min...
🙋 ABOUT ME: www.hiestates.com/agents/scott/
Testimonials: www.hiestates.com/about/testi...
Check out our Linktree: linktr.ee/hiestates
Scott Startsman | RS 62384
Cell: 808-400-8854
Top 1.5% America's Best Ranking | Top Producer 2016-Present | Top 100 Oahu Realtor
List Sotheby’s International Realty
4211 Waialae Ave. Ste 8060
Honolulu, HI 96816
Website: www.hiestates.com
Facebook: / scottstartsmanrealtor
Instagram: / scottstartsman_realtor
LinkedIn: / scottstartsman
#costoflivingoahu #oahurealestate #hawaiirealestate #sothebys #sothebysrealestate #sothebysinternationalrealty #CostOfLiving #Oahu #MovingToHawaii

Пікірлер: 25

@jena2664 Ай бұрын

People have two or three jobs in Oahu, Hawaii. I moved from a low cost living to Oahu and it was a rude waking. 70 percent goes to rent. Only have 700 left over for bills, car payment, insurances, food. I am planning go back where I make less but live better because of the low cost of living.

@ScottStartsman 20 күн бұрын

Totally understand. Thanks for sharing. Definitely want people to know the costs before they move out to prevent disaster

@PennyT2024 3 күн бұрын

Excellent video! So glad I ran across this intelligent, informative clip. I'm a local and was aware of most that was discussed, but I enjoyed this straight-forward, no nonsense presentation.

@ScottStartsman 3 күн бұрын

Thank you for watching a appreciate the feedback.

@writersquill433 Ай бұрын

Many people who are born and raised here, cannot afford it. An average of 10,000 people leave hawaii every year, away from family and the aina (land). Hawaii is fast becoming affordable only for wealthy outsiders- domestic and foreign.

@horizon42q Ай бұрын

Good one. My RV costs me about $30,000 a yr to live in for 6 months a year

@VintageSoloHarmony Ай бұрын

That was pretty good Scott. I managed to buy Kailua condo 2015 when 61 yrs old, for all my cash. I rent out one room to a great tenant, rent covers the maintenance fee. Property taxes is very fair, at 2-3 grand pa. I don’t own or need a car. All my leisure entertainment is free, on the beach. Electric is about $150 pm cos no heating, no aircon needed. The idea of a house with kids and car here in Hawaii doesn’t appeal to me much, can’t afford that anyway.

@ScottStartsman Ай бұрын

That’s a great examples. Thanks for sharing.

@ParisianThinker 29 күн бұрын

We lived in Manhattan, and vacationed to Hawaii every 6 months for 7 years. We stopped do to all the robberies and thefts. We didn't stop due to the costs. It was possible to rent a hotel room back then for $50 a night. It is still worth only $50 a night. There is nothing that special anymore about the Honolulu. And I am a licensed lawyer there as well as TX and NY. Now living in France.

@beenjammin8581 Ай бұрын

Ward is not worth it as renter . I’ve auto paid ~5k in rent here for 4 years and the owners still make me scramble to switch units 30 days before lease ends d/t either fickle sell threats or jacking up rent 600$/month . So abusive

@stevenross6088 28 күн бұрын

Houses are built cheap with poor quality in Hawaii. Lack of materials. To build right you must ship all your materials in a container to your Hawaii location from mainland west coast.This saves money too.

@CeasarBergonia Ай бұрын

Need to add HOA fees. I have seen them as high as $2000 per month.

@ScottStartsman Ай бұрын

Thanks for the feedback. Appreciate it and thanks for watching. HOA fees are actually in there for the condo one. That's the $650 maintenance fees cost. Older median sales price condo units should be on average $1/sq ft which most median condos are going to be 500-650 sq ft.

@JulioVillavicencio-ru2sn Ай бұрын

Thanks for posting. Considering retiring in Oahu.

@leilanihimmelmann9190 Ай бұрын

Ahh. Okay. Thanks for that clarification. Although I think $650 would be on the low end.

@leilanihimmelmann9190 Ай бұрын

I thought the same about HOA.

@mattkon7675 28 күн бұрын

Great deal! 'Now's a great time to Buy! 😂

@newtalking3 27 күн бұрын

My grocery tripled last 18 months all rent has doubled and landlords are breaking up their houses and each section is ugly and super high Like $4500 for 2 bedroom's all small no ugly condos or townhomes under $800k

@Manojwouldgo Ай бұрын

You can’t get much in town for the medium. You have to live in Ewa/ Kapolei. Now you have to live in a sauna, commute.

@ilocanodetoy2225 Ай бұрын

For white collar’s income in reality good with added COLA benefits but for blue collar’s they have to have at least double jobs and work extra on weekends to be able to make it.

@ScottStartsman Ай бұрын

You have a variety options to choose from on Oahu.

@user-nr4hq2fo1b Ай бұрын

Depending on what area on Oahu Eastside or Westside Honolulu Kakaako one waterfront Towers two bedroom maintenance fit cost $2,000 month.

@user-bw7mu3ku1r Ай бұрын

The Median incomes and the median house prices don't make sense.

@marcielynn4886 20 күн бұрын

Condolulu sucks.

@walkonearthofficial 9 күн бұрын

What is every editor think it’s a good idea to put an entire band of noise at the same level of volume as the speaker to try to desperately hear the information 😂 * sure would like to know what the person saying… too bad you’re going to listen to this band