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Honolulu Named Best City to Live in the US

April 30, 2018 by Maureen Fukumoto Leave a Comment

Honolulu Named Best City to Live in the US

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.

Learn More About our Island:

I need to sell my house in Hawaii and move to the mainland

How you know you’re ready to leave the rental market

What’s the best time to sell a house in Hawaii?

What buyers are looking for in a Hawaiian house

Want to move here? Just do it.

How to drop everything and move to Hawaii

 

Filed Under: Hawaii Lifestyle & Events Tagged With: best city, best place to live, honolulu, oahu

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About Hawaii Realty Pro

Hawaii Real Estate SpecialistsOahu real estate agent Maureen Fukumoto

Maureen and her team assists sellers and buyers in coming together over the right home and right price. With up to date listings, current market conditions and local information we are your full service source for all Oahu real estate.

For decades I have been assisting home owners sell their property quickly at economically. With licensed agents and brokers we can provide the same top quality service you would get from a fully commissioned Realtor or agent. We provide access to all the marketing and advertising tools needed to list and sell your Oahu Property.

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