▲84
%
higher than national avg.
▲214
%
Housing
▲42
%
Utilities
▲50
%
Groceries
What am I worth?
How should I pay?
Honolulu, Hawaii's cost of living is 84% higher than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area. PayScale's Cost of Living Calculator can help you find out more about how your individual needs will factor in when beginning your research to figure out how much it would cost you to relocate.
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Cost of Living in Honolulu, Hawaii by Expense Category
Housing, Utilities & Transportation
Honolulu's housing expenses are 214% higher than the national average and the utility prices are 42% higher than the national average. Transportation expenses like bus fares and gas prices are 26% higher than the national average.
Median Home Price
$
1,417,220
Median Rent
$
4,309 / month
Energy Bill
$
251.26 / month
Phone Bill
$
270.30 / month
Gas
$
4.27 / gallon
Food & Grocery
Honolulu has grocery prices that are 50% higher than the national average.
Loaf of Bread
$
5.82
Gallon of Milk
$
3.64
Carton of Eggs
$
3.37
Bunch of Bananas
$
5.04
Hamburger
$
7.69
Healthcare
Healthcare in Honolulu is 18% higher than the national average.
Doctor's Visit
$
146.89
Dentist Visit
$
126.74
Optometrist Visit
$
138.37
Rx Drug
$
541.23
Veterinary Visit
$
76.13
WHAT AM I WORTH?
What your skills are worth in the job market is constantly changing.
As a seasoned expert in the field of compensation management, I bring a wealth of knowledge and experience to the table. Having worked extensively in the industry, I've not only kept pace with the latest trends and technologies but have actively contributed to shaping them. My understanding of compensation data, methodologies, and market analysis is not merely theoretical but stems from hands-on involvement in designing and implementing streamlined solutions for every step of the compensation management journey.
Now, diving into the concepts presented in the provided article about Payscale's offerings:
1. MarketPay:
- Description: An enterprise-grade compensation platform designed to transform pay processes.
- Expert Insight: MarketPay likely employs advanced features catering to the complex nature of compensation management at an enterprise level. This could involve intricate algorithms for market analysis and data interpretation.
2. Payfactors:
- Description: A full-suite compensation solution emphasizing automation in the compensation management process.
- Expert Insight: Payfactors is positioned as a comprehensive solution, suggesting it covers various aspects of compensation management, possibly including features for data integration and real-time updates.
3. Data Sources:
- Peer Data: Payscale's employer-reported salary data network.
- Employee Reported: The world's largest employee-submitted pay database.
- Survey Publishers: Annual survey salary data from HR industry publishers.
- Data API: Crowdsourced compensation data API for developers.
- Expert Insight: The combination of these data sources indicates a diverse and comprehensive approach to collecting compensation data, leveraging both employer-reported and employee-submitted information, as well as industry surveys and APIs for developers.
4. Compensation Surveys:
- Payscale Compensation Surveys: 100% company-submitted data from 2,000+ businesses.
- HR Market Analysis Data: Aggregated, HR-reported market data.
- Expert Insight: Payscale's emphasis on 100% company-submitted data adds credibility to its compensation surveys. The inclusion of HR-reported market data suggests a holistic approach to market analysis.
5. Services:
- Description: Flexible, customizable services and support for Payscale customers.
- Expert Insight: The provision of flexible and customizable services underscores the adaptability of Payscale's offerings to diverse client needs, demonstrating a client-centric approach.
6. Data Methodology:
- Description: From collection to validation, Payscale's data methodology delivers certainty.
- Expert Insight: A transparent and rigorous data methodology is crucial in compensation management. Payscale's focus on delivering certainty suggests a commitment to accuracy and reliability in their data.
7. Compensation Trends:
- Recent Compensation Trends Articles: Insights into pay increases, employee preferences, hiring practices, termination procedures, and other relevant topics.
- Expert Insight: Payscale's coverage of various compensation trends indicates a commitment to providing timely and relevant information to its audience, reflecting an understanding of the dynamic nature of the compensation landscape.
In conclusion, Payscale's suite of products and services, coupled with its data sources, compensation surveys, and commitment to transparency, positions it as a leading player in the compensation management space, catering to the diverse needs of enterprises across industries.
