CostIndexUSA

Honolulu, HI vs Pensacola, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

HI
Honolulu
100
overall index
$1,500/mo rent
More AffordableFL
Pensacola
97.7
overall index
$1,700/mo rent

Pensacola is slightly cheaper than Honolulu — 2.3% lower overall cost of living.

To match an $80,000 salary in Honolulu, you would need $78,200 in Pensacola. Calculate your salary ↓

Category Breakdown

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

🏠 Housing1.2%
Honolulu
100
Pensacola
98.8
🛒 Groceries3.8%
Honolulu
100
Pensacola
96.2
🚗 Transportation+3.8%
Honolulu
100
Pensacola
103.8
🏥 Healthcare6.1%
Honolulu
100
Pensacola
93.9
Utilities11.5%
Honolulu
100
Pensacola
88.5

Salary Equivalency Calculator

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

$
Equivalent salary in Pensacola, FL
$78,200
$1,800 less needed in Pensacola

Formula: salary × (97.7 ÷ 100) = salary × 0.9770. 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×

Pensacola, FL

Median Home Price
$300,000
Median Monthly Rent
$1,700
Housing Index
98.8
Price-to-Rent Ratio
14.7×

Honolulu has 1.2% lower housing costs compared to Pensacola.

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

Pensacola, FL

Median Household Income
$78,300
Per Capita Income
$44,600
Unemployment Rate
4.5%
Population
53,831
Top Industries
MilitaryHealthcareTourismManufacturingRetail

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)

Pensacola, FL
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.