Rentals in Honolulu>Question Details

MichaelS1990, Renter in Honolulu, HI

Are wages/salaries typically higher in Hawaii?

Asked by MichaelS1990, Honolulu, HI Mon Mar 18, 2013

Thinking of relocating to Hawaii from Michigan, but I am having a hard time finding very many apartments for less than 900 per month in Honolulu and surrounding towns. I'm wondering if it's simply because wages and salaries are higher in HI, or if it's just because HI is a rich man's state. Or perhaps it's a bit of both?

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Michael,

The price of rentals here are generally comparable to other high rent cities such as New York and San Francisco. Unfortunately, in most cases the salaries do not match that of those cities, so getting started here is not as easy. It would be wise to save up some money before moving here if you can. Hawaii is a very desirable place to live and land is at a premium because there is not a lot of it, much of it is not build-able or privately owned, and everyone wants a little piece of paradise.

Other, than that though Hawaii is an amazing place. You may pay a little more every month for rent and food, but if you are an outdoors type of person, Hawaii will gladly repay you with beautiful weather, wonderful scenery, and great people.

Hope this helps. Also, we do rentals and sometimes have units in your price range, but they go quick.


Ryan
http://www.hawaiiproperty.com
1 vote Thank Flag Link Tue Mar 19, 2013
Hi Michael,

See :handy calculator" on this page:
http://www.hawaiihome.biz/relocating-to-hawaii/

Be careful when renting from Craigslist.

A few caveats:
1. Do not do any transactions over the Internet. That is, do not pay anyone anything until you or someone you know sees the actual apartment. VRBO.com is pretty safe if the owner and apartment has been there more than a year.
2. Verify who the legal owner is. Send me the address you want to check and I will send you the name of the legal owner. Unless there is some unusual arrangement, the lease will have the owner's name, or the rental agency representing the owner.
3. Good rentals go fast. Fill out a generic application and keep it handy. Make a few copies. If you find a place you like, take it. Most short-term rentals will accept a credit card deposit.
4. Make sure you have dedicated parking for the entire length of the lease.
5. Refer to #1 when in doubt.

Some resources for house hunting
HiCentral.com
Property Management (Google on Warren Dote)
Cornerstone Properties (ask for Carl)

Call me any time on my cell at 808 723 0900 at any time if you have any questions. By the way, I would not worry about W/D in the unit. That will remove more than half the possible apartments. I would look in Makiki for a studio for around $800 to $900, furnished. Most people have two jobs or two wage earners in a household.



Frank
1 vote Thank Flag Link Mon Mar 18, 2013
Here's a link to an article that might give you some insight to the salary differencials, you will have to
do the research in your particular field or expertise. And yes there are many affluent people from all
over the globe that live here in Oahu.

http://www.bizjournals.com/pacific/stories/2009/09/21/story1…

Aloha,
1 vote Thank Flag Link Mon Mar 18, 2013
Hawaii ranks 8th in per capita income at 28k. Add the upswing in housing prices where we rank #1 recently http://www.trulia.com/home_prices
Along with fuel, utility, and other surcharges. Paradise definitely has a high price.
1 vote Thank Flag Link Mon Mar 18, 2013
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