US news and world report named Honolulu Hawaii #17 is one of the top places to live in the country for 2018. You wouldn’t think our crowded little city would’ve made the list but actually, our quality of life and value added a lot to the score.
Our population is just under 1 million with an average annual salary of about $51,000. On a scale of 1 to 10, our quality of life, which includes low crime rates, affordability, job growth, etc., came in at a 6.5 with our value index coming in at 4.7. Honolulu is considered the cultural and culinary hub of the Hawaiian Islands and we are proficient with shopping centers, restaurants, and of course, miles of beaches. The only downside is our cost of living, which comes in a little bit higher than the national average. But comparing that with the year-round tropical temperatures and simply the beauty of living in Hawaii, a kind of balances it out.
With our laid-back vibe, diverse blend of cultures, and close proximity to the ocean, Honolulu is regularly defined as one of the country’s happiest places on earth. The Honolulu Metro area includes the entire southeastern half of Oahu and according to our U.S. News & World Report scorecard, our desirability came in at a solid 10. The only score that was lower is our value, based on a cost of living compared to the national average.
Our job market came in at a 7.8, quality of life came in at 6.5, and net migration came in at 5.6. Honolulu has been ranked #35 as one of the best places to live in the country and #24 is one of the best places to retire.
The median home price is about $580,000 with the median monthly rent of just under $1600. This does come in at one of the priciest and most expensive places to live and rent in the country, but again, there are so many factors offsetting the high cost of living that it’s easy to see why we made the list.
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