GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive Hawaiian Island

The most expensive Hawaiian island is Oahu, with a median home price of $756,000 and a median household income of $80,440.

In this post, we will explore the cost of living on different Hawaiian Islands based on statistics from 2021. From the highest cost of living on Maui to the unique expenses on each island, we will delve into the various factors that contribute to the financial landscape of Hawaii. Stay tuned to discover which Hawaiian island comes out as the most expensive and why.

Statistic 1

"Maui had the highest cost of living out of all the Hawaiian Islands in 2021."

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Statistic 2

"Oahu, despite being the most populous, is not the most expensive island, coming in third after Maui and Kauai."

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Statistic 3

"The cost of groceries in Maui is 60.2% higher than the national average."

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Statistic 4

"Healthcare in Maui is approximately 18.5% higher than the national average."

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Statistic 5

"The annual average cost of living in Maui is about $99,000 for a family, making it the most expensive among other islands."

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Statistic 6

"Honolulu, on the island of Oahu, has a cost of living that is 106.3% higher than the U.S. average."

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Statistic 7

"The cost of housing in Kauai is 258.6% higher than the U.S. average."

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Statistic 8

"The cost of transportation in Kauai is approximately 25% higher than the U.S. average."

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Statistic 9

"Despite its popularity, Oahu had a cost of living index of 189.9 in 2021, below both Maui and Kauai."

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Statistic 10

"The cost of utilities in Maui is about 72% higher than the U.S. average."

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Statistic 11

"The price level in Kauai is about 67.8% above the U.S. average."

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Statistic 12

"Hawaii has the highest state-level sales tax in the U.S. at 11.76%, with Maui having the highest rate among the islands."

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Statistic 13

"The Big Island has comparatively lower housing costs than other Hawaiian Islands, approximately 160% higher than the national average."

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Statistic 14

"The private island of Niihau, also known as the "Forbidden Island," is considered the most expensive in the sense of accessibility and actual purchase, since it's privately owned by the Robinson family and not for sale."

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In conclusion, the statistics presented highlight the significant disparities in the cost of living across the Hawaiian Islands. Maui emerges as the most expensive island due to its high costs of groceries, healthcare, housing, utilities, and overall annual cost of living for families. Despite its high population, Oahu ranks below Maui and Kauai in terms of cost of living, with particularly high costs in transportation. Kauai stands out for its exorbitant housing expenses, while the Big Island offers comparatively lower housing costs. Hawaii’s state-level sales tax, especially prevalent in Maui, further adds to the financial burden for residents and visitors. The unique case of Niihau, the “Forbidden Island,” serves as a stark reminder of the exclusivity and inaccessibility that can drive up costs in Hawaii beyond conventional measures of cost of living.

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