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Salary Needed for family of Four to Live Comfortably in Honolulu -- $299K
By Selected News Articles @ 4:42 PM :: 1520 Views :: Honolulu County, Hawaii Statistics, Cost of Living

Salary Needed for family of Four to Live Comfortably in Honolulu -- $299K

from SmartAsset

While cost of living premiums and inflation metrics capture the price increases in goods and services, they do not necessarily account for all the additional costs needed to live comfortably – such as a buffer from the stress of living paycheck to paycheck.

The 50/30/20 budget recommends that for sustainable comfort, 50% of your salary should be allocated to your needs, such as housing, groceries and transportation; 30% toward wants like entertainment and hobbies; and 20% toward paying off debt, saving or investing. Applying the local cost of necessities and taxes to this rule, we can derive the pre-tax salary needed to live comfortably in 99 U.S. cities.        

  • Urban Honolulu, Hawaii
  • Rank: 84th
  • Hourly wage needed for a single adult  $53.80
  • Salary needed for a single adult  $111,904         
  • Total salary needed for two working adults with two children  $299,520

read …  Salary Needed to Live Comfortably – 2024 Study | SmartAsset

HNN: Here’s how much you need to ‘live comfortably’ in Honolulu

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