Key Economic Benchmarks
Median Household Income
$78,639$6,553 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Hawaii County, HI
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Hawaii County, HI
Official FY2026 HUD Fair Market Rents for Hawaii County, HI. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,592 | $19,104 | $63,680 | 24.3% |
| 1-Bedroom Apartment | $1,603 | $19,236 | $64,120 | 24.5% |
| 2-Bedroom ApartmentBenchmark | $2,076 | $24,912 | $83,040 | 31.7% |
| 3-Bedroom Home | $2,622 | $31,464 | $104,880 | 40% |
| 4-Bedroom Home | $3,024 | $36,288 | $120,960 | 46.1% |
50/30/20 Living Budget in Hawaii County, HI
Based on the local median household income of $78,639/year ($6,553/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Hawaii
Explore net income after federal income tax, FICA, and Hawaii state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Hawaii with official federal datasets:
Frequently Asked Questions About Living in Hawaii County, HI
What is the median household income in Hawaii County, HI?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Hawaii County, HI is $78,639 per year (approximately $6,553 per month).
What is the average rent in Hawaii County, HI?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Hawaii County, HI are $1,592 for a studio, $1,603 for 1 bedroom, $2,076 for 2 bedrooms, $2,622 for 3 bedrooms, and $3,024 for 4 bedrooms.
How does the cost of living in Hawaii County, HI compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Hawaii County, HI is 110.0 (10% higher than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Hawaii County, HI?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($2,076/month) in Hawaii County, HI requires a minimum gross household income of $83,040 per year ($6,920 per month).
What is a balanced 50/30/20 monthly budget in Hawaii County, HI?
For a typical household earning the median income of $78,639/year ($6,553/month) in Hawaii County, HI, a balanced 50/30/20 budget allocates $3,277/month to essential needs (rent, utilities, groceries), $1,966/month to discretionary spending, and $1,311/month to savings and debt repayment.
What are typical electricity and utility costs in Hawaii County, HI?
Residential electricity rates in Hawaii average 52.7¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $474 per month.