Is Honolulu a good place to invest?

With its limited availability, stable market, and growing vacation rental market, owning a piece of Hawaii is a solid, safe investment. Whether you're looking for a vacation home, rental property, or a long-term investment, Hawaii real estate offers something for everyone.



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With its limited availability, stable market, and growing vacation rental market, owning a piece of Hawaii is a solid, safe investment. Whether you're looking for a vacation home, rental property, or a long-term investment, Hawaii real estate offers something for everyone.

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One of the greatest challenges of living in Hawaii is the high cost of living. The islands are popular tourist destinations, which drives up the cost of housing, food, and other essential goods and services.

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Cost of Living The most obvious drawback to living in Hawaii is our cost of living. Because everything needs to be imported, the cost of goods is significantly higher than any mainland market.

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According to a new study by MyeListing.com Honolulu is the fifth most expensive city to live and work in. MyeListing looked at all major cities in the United States and found the average home value in Honolulu came out to $860,000. A one-bedroom apartment in Honolulu costs on average $2,000 to rent.

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Ways to Make Some Extra Money
  1. Invest. Investing is a great way to make money for the long run. ...
  2. Open an Etsy shop. If you're crafty and creative, open up an Etsy shop! ...
  3. Sell your old clothing/items. There are many platforms where you can resell your old clothing and items. ...
  4. Food delivery. ...
  5. Instacart.


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Over the last 40 years in the State of Hawai'i, we have seen that the average year-over-year appreciation in home value has been around +3.5%. That's not to say that every year has reflected an increase; in fact, there were years in the last 40 when we saw double-digit drops in appreciation.

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Retirees who move to Hawaii also benefit from the Aloha State's lower health care costs, state-of-the-art medical system, and retiree-friendly tax laws. Social Security income and public pension withdrawals are not taxed for Hawaiian residents, leaving more money in your pocket.

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Although it's a more complex transition than a relocation on the mainland, moving to Hawaii offers plentiful rewards: beautiful weather year-round, easy access to miles of gorgeous white sand beaches, abundant outdoor activities, and, of course, Hawaii's unique aloha spirit that infuses the local culture.

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The Hawaiian Islands, located in the center of the Pacific Ocean, are in a precarious position. The largest tsunamigenic earthquakes, which typically occur in places like Japan, the Aleutian Islands, and Chile, generate waves that more often than not head directly to Hawaii.

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The Cost of Living is High The cost of living in Hawaii is high. That goes for housing costs, but it also applies to the food on grocery store shelves. Everything that has to be shipped or flown to the islands will cost more. Hawaii is also a high-tax state.

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