Hawaii – Retirement Guide

Hawaii   Retirement Guide

Who hasn’t imagined settling on Hawaii’s sunny shores, amidst some of the world’s must stunning natural scenery? Indeed, with miles gorgeous beaches, swaying palm trees and a laid-back lifestyle, Hawaii is an attractive retirement destination, but retirees, beware: the state is also an ultra-pricey location. In fact, the cost of living here is estimated to be a staggering 78% higher than the national average!

Still, for retirees who can afford Hawaii’s steep prices, the state is ideal. Hawaii’s landscape includes sprawling, white beaches, crashing emerald waves, towering volcanoes, lush rainforests and even snow-capped mountains. Outdoor activities such as swimming, boating, hiking and bicycling abound for active retirees.

Some of the better retirement destinations in the state include the larger cities, such as Honolulu, which allow retirees to be located to better healthcare facilities.

Pros: Gorgeous natural scenery, stunning beaches
Con: High cost of living

At a Glance:
Best For: Outdoors lovers
Population: 1,392,313
Cost of Living: 78% higher than national average
Median Home Cost: $433,700
Unemployment: 5.1%
Top State Income Tax: 11%

Retirees should also consider that it can be pricey to return to the mainland and flights to many continental US destinations are long, should they hope to visit family or friends there.

Photo by paul bica via Flickr. All statistics were up to date as of publication. See these sources for the most current data.