CostIndexUSA

Baltimore, MD vs Honolulu, HI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MD
Baltimore
104.5
overall index
$1,850/mo rent
More AffordableHI
Honolulu
100
overall index
$1,500/mo rent

Honolulu is slightly cheaper than Baltimore — 4.3% lower overall cost of living.

To match an $80,000 salary in Baltimore, you would need $76,600 in Honolulu. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing15.4%
Baltimore
118.2
Honolulu
100
🛒 Groceries2.3%
Baltimore
102.4
Honolulu
100
🚗 Transportation6.2%
Baltimore
106.6
Honolulu
100
🏥 Healthcare+3.7%
Baltimore
96.4
Honolulu
100
Utilities9.3%
Baltimore
110.2
Honolulu
100

Salary Equivalency Calculator

Enter your current salary in Baltimore to see what you'd need to earn in Honolulu to maintain the same purchasing power.

$
Equivalent salary in Honolulu, HI
$76,600
$3,400 less needed in Honolulu

Formula: salary × (100 ÷ 104.5) = salary × 0.9569. Based on BEA Regional Price Parities.

Housing Market

Baltimore, MD

Median Home Price
$391,000
Median Monthly Rent
$1,850
Housing Index
118.2
Price-to-Rent Ratio
17.6×

Honolulu, HI

Median Home Price
$420,000
Median Monthly Rent
$1,500
Housing Index
100
Price-to-Rent Ratio
23.3×

Baltimore has 15.4% lower housing costs compared to Honolulu.

Income & Job Market

Baltimore, MD

Median Household Income
$94,300
Per Capita Income
$53,800
Unemployment Rate
3.8%
Population
585,708
Top Industries
HealthcareGovernmentFinanceEducationManufacturing

Honolulu, HI

Median Household Income
$75,000
Per Capita Income
$42,700
Unemployment Rate
3.7%
Population
350,964
Top Industries
TourismMilitaryHealthcareGovernmentRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Baltimore, MD
4.2×income-to-rent ratio

76% of income left after rent (median)

Honolulu, HI
4.2×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.