CostIndexUSA

Honolulu, HI vs Olympia, WA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableHI
Honolulu
100
overall index
$1,500/mo rent
WA
Olympia
103.7
overall index
$2,025/mo rent

Honolulu is slightly cheaper than Olympia — 3.7% lower overall cost of living.

To match an $80,000 salary in Honolulu, you would need $83,000 in Olympia. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+16.7%
Honolulu
100
Olympia
116.7
🛒 Groceries+5.0%
Honolulu
100
Olympia
105
🚗 Transportation+4.4%
Honolulu
100
Olympia
104.4
🏥 Healthcare5.5%
Honolulu
100
Olympia
94.5
Utilities8.3%
Honolulu
100
Olympia
91.7

Salary Equivalency Calculator

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

$
Equivalent salary in Olympia, WA
$83,000
$3,000 more needed in Olympia

Formula: salary × (103.7 ÷ 100) = salary × 1.0370. Based on BEA Regional Price Parities.

Housing Market

Honolulu, HI

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

Olympia, WA

Median Home Price
$518,000
Median Monthly Rent
$2,025
Housing Index
116.7
Price-to-Rent Ratio
21.3×

Olympia has 16.7% higher housing costs compared to Honolulu.

Income & Job Market

Honolulu, HI

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

Olympia, WA

Median Household Income
$93,200
Per Capita Income
$53,100
Unemployment Rate
4.1%
Population
53,532
Top Industries
GovernmentHealthcareEducationRetailManufacturing

Affordability at a Glance

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

Honolulu, HI
4.2×income-to-rent ratio

76% of income left after rent (median)

Olympia, WA
3.8×income-to-rent ratio

74% 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.