Hawaii is the most expensive state for living expenses, a new study has found. According to a report from Doxo, the average US household spends roughly $2,046 per month on bills. Hawaii residents are paying about 50% above this national average.
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The truth is, Hawaii is consistently ranked as the most expensive state in the United States due to high housing, energy, transportation and food costs. Don't be discouraged—that doesn't mean it's completely out of reach for a buyer looking for their slice of paradise.
With that in mind, how much do you need to budget to visit Hawaii? Well, in general, you're going to want an average of about $4000 per week, depending on where you're staying and which island you're visiting on your Hawaii vacation.
According to a study by Payscale.com, the cost of living in Honolulu, Hawaii is 88% higher than the national average with housing clocking in at 202% higher than the national average.
The average daily cost (per person) in Paris is $246, while the average daily cost in Honolulu is $284. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment.
While Hawaii is more expensive than 95% of the USA, it is cheaper than NYC, and especially the San Francisco Bay Area. The west bay including Silicon Valley, is more expensive across-the-board.
Which place is cheaper, Hawaii or Florida? These are the overall average travel costs for the two destinations. The average daily cost (per person) in Florida is $244, while the average daily cost in Hawaii is $342.
The truth is, Hawaii is consistently ranked as the most expensive state in the United States due to high housing, energy, transportation and food costs.