Honolulu County · Hawaii · West · 345k residents
Honolulu, HI: economy, jobs & business costs
The site-selection read on Honolulu: labor costs, talent, corporate tax, energy, and business activity, with the Hawaii median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: Curated city row; coverage varies by fact.
Average weekly wages in the surrounding labor market run $1,406/wk. Hawaii's corporate income tax rate is 6.4%. Commercial electricity averages 38.2¢/kWh.
Compare Honolulu side by side
Avg. weekly wage
$1,406/wk
Corporate income tax
6.4%
Bachelor's degree or higher
41.5%
Commercial electricity
38.2¢/kWh
Economic momentum
How fast Honolulu's economy is moving, ranked against the US cities we track.
53/100
Steady
Ranks Honolulu's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| Median home value | $800,000 |
| Price per sq. ft. | $720 |
| Property tax rate | 0.3% |
| 1-bedroom rent | $2,100/mo |
| 2-bedroom rent | $2,900/mo |
| State & local income tax | 6.13% |
| Sales tax | 4.5% |
| Corporate income tax | 6.4% |
| Avg. weekly wage | $1,406/wk |
| Bachelor's degree or higher | 41.5% |
| Commercial electricity | 38.2¢/kWh |
| Businesses per 1k residents | 32.2/1k |
| Wage: Software developer | $120,230 |
| Wage: Registered nurse | $139,260 |
| Wage: General manager | $113,940 |
| Wage: Customer service | $44,630 |
| Wage: Warehouse worker | $38,440 |
| Wage: Heavy truck driver | $59,330 |
| Wage: Electrician | $100,270 |
| Wage: Retail salesperson | $37,400 |
| Cost of living index | 170 |
| Groceries index | 128 |
| Utilities | $290/mo |
| Transit pass | $80/mo |
| Gas price | $4.65/gal |
| Healthcare index | 108 |
| Childcare (per child) | $1,500/mo |
| Median household income | $85,000 |
| Unemployment rate | 3.1% |
| Population | 345k |
| Crime index | 40/100 |
| School rating | 6.0/10 |
| Walkability | 65/100 |
| Disaster risk | 99/100 |
| Avg. commute | 27 min |
| Sunny days / year | 271 days |
| July high | 87°F |
| January low | 66°F |
| Annual snowfall | 0 in |
| Home price YoY | +0.7% |
| Home price MoM | -0.3% |
| Rent YoY | +5.5% |
| Rent MoM | +0.2% |
| Employment (jobs) YoY | +0.4% |
| Building permits YoY | — |
| Ocean coast | < 3 mi |
| Big lake | 2406 mi |
| Mountains | 112 mi |
| Major airport | 4 mi |
| Ski resort | 2535 mi |
Popular comparisons
Nearby
- Kaneohe, HI · 37k
- East Honolulu, HI · 51k
- Pearl City, HI · 45k
- Ocean Pointe, HI · 17k
- Ewa Gentry, HI · 27k
Similar size
- Hilo, HI · 50k
- Waipahu, HI · 40k
- Kailua CDP (Honolulu County), HI · 40k
- Kahului, HI · 28k
- Mililani Town, HI · 28k
Real listings in Honolulu
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Honolulu a good place to run a business?
- Hawaii's corporate income tax rate is 6.4%; average weekly wages in the surrounding labor market run $1,406/wk; commercial electricity averages 38.2¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Honolulu, HI?
- Honolulu indexes at 170 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,900/mo and a median home value of $800,000.
- How much does a house cost in Honolulu?
- The median home value in Honolulu is $800,000 (compiled estimate; individual listings vary).
- How much is rent in Honolulu?
- A two-bedroom in Honolulu rents for about $2,900/mo.