Cost Of Living in Hawaii
Approximate average cost of living in Hawaii: $5,000-$8000.
One of the most important point of concern while moving to some other place for long term settlement then is the cost of living of that particular place. Hawaii is one of those places that have gained immense popularity among those people who are looking forward to living amidst the beauty of nature in a state of great luxury. Before shifting, you must take into consideration the price rise that is expected to happen. Financial pre-planning according to the cost of living of Hawaii will help you to lead a comfortable life.
Cost of housing is one of the primary concerns that influence your overall cost of living in Hawaii to a great extent. You can either choose to purchase a house of your own by relying on the house loan schemes available around or you can also choose to have house on rents. The average monthly rent for comfortable two bedroom cottages in various parts of this beautiful place is between $1,500 and $2,000. It is a bit less in Oahu, which is around $1000. According to the statistical reports that come out every year, it has been known that Hawaii is regarded as the third most expensive place as far as the rates of housing market are concerned. The average charge of electricity of this place is 30 cents per kilowatt hour which is quite high in comparison to several places around. Based on this calculation, a normal family uses at the minimum of 600 kilowatt hour of electricity. For this they have to pay between $120 and $180 for each month.
As far as the cost of food in this particular place is concerned, it must also be included in the expenditure chart. For breakfast you may have to spend around $5 to $8, for lunch you will pay to a minimum of $12; for dinners the price starts from $12 and goes up to $30. Apart from these basic necessities, you may also have to pay for the education of your child, if required. Then there are medical expenses of your family that have to be met from time to time. The salary that you will be earning must be huge enough to surpass all these demands, keeping intact the scope of saving. If you think, that you can meet all these requirements comfortably then only you should think of living in Hawaii. The following chart shows the cost of living in Hawaii according to the necessary expenses.
Types of Jobs Available In Hawaii
If you are a retired personnel and wants to spend the rest of your life amidst the serenity and calmness of nature then it is a totally different thing; but if you want to look for employment then you have to look seriously for jobs as there is not so much of options available as compared to that of USA or UK. Some of the vocational and professional occupations that need state license for their commencement are:
- Abstract makers
- Motor agent
- Land surveyors
- Vehicle dealers
- Pest control
- Rental agencies
- Travel agents
- Sales representative
The list includes the names of many more professions, but we have only provided you with the names of the commonly chosen ones. As far as the wages are concerned, there are two criteria of paying the wages, one is the full wage range and the other is the median wage range.
Cost In Different Countries
Oahu: the average cost of living in Oahu is approximately $3085 for each month. The following table will give to you an idea regarding the essentials that add up to the monthly expenses of a standard family:
|Internet and cable||$120|
Honolulu: as par the statistical records from expenditure maintenance agencies it can be concluded that the cost of living in Hawaii 2010, especially in places like Honolulu is almost 63% more in comparison to the overall national average.
Kauai: for a two bedroom apartment you have to give a monthly rent of almost $1100. All the other expenses are almost the same as that of Oahu.
Online Information on Cost Of Living in Hawaii
If you are not much aware of the expenditures that you may have to take into account before the actual planning of going to the Hawaii for a permanent living then there are various sites available online that you can consult to for this matters. Some of the sites that worth a watch regarding these kinds of information on average cost of living in Hawaii and its location are:
For loans and insurances you can contact:
Video on Cost Of Living in Hawaii
Consulting with the insurance agents will help you to form an idea regarding the house loans and other insurance policies that can support you financially in settling into a new and expensive place. Pre-planning is highly essential to take in account all the factors that are essential for a steady and comfortable living. Cost surveys are a great way of deciding as to which living in which city will be more economically convenient.
Posted in Home And Living