Cost of living in Waikiki
Waikiki, located in the vibrant state of Hawaii, is renowned for its stunning beaches and lively atmosphere. Understanding the cost of living in this iconic destination is crucial for both residents and potential newcomers.
This guide provides a detailed breakdown of expenses in Waikiki, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $18 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $87.5, with prices ranging from $60 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $14, with a range between $12 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $10, imported beer $7 to $14, cappuccino $5 to $9, and Coke/Pepsi $2.5 to $4.75.
Grocery Prices
- Milk - Milk is priced between $1.59 and $2.9 per liter, averaging $1.63.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.42 and $8.82, with an average price of $2.42.
- Eggs (Dozen) - A dozen eggs range from $4 to $10, averaging $6.71.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.95 to $11.02 per kg, while oranges range from $2.2 to $8.82 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $7.72 per kg, and lettuce costs $2 to $6 per head.
Transportation
- Public Transport (Monthly Pass) - A monthly pass for local transport costs around $80.
- Fuel (Gasoline) - Gasoline is priced between $1.19 and $1.45 per liter.
- Taxi Fares - Taxi fares start at $3.5, with a cost of $2.61 to $3.11 per km and $44.8 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $2400.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $172.53 and $600, averaging $286.14.
- Internet - Internet services range from $50 to $90, with an average cost of $68.57.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Rent Per Month
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Sports And Leisure
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Clothing And Shoes
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Waikiki presents a relatively high cost of living, particularly in terms of dining and housing. While groceries and utilities also reflect higher prices, transportation costs remain moderate.
Potential residents should budget carefully, especially for housing and dining, and consider exploring local markets for more affordable grocery options.
Conclusion
In conclusion, Waikiki offers a unique lifestyle with its beautiful beaches and vibrant culture, but it comes with a higher cost of living.
Prospective residents should weigh the benefits of living in such a desirable location against the financial demands, ensuring they are prepared for the expenses associated with this iconic Hawaiian destination.