Tiki Central / General Tiki / Living in Hawaii??? Any Thoughts?
Post #114792 by christiki295 on Wed, Sep 15, 2004 8:47 PM
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christiki295
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Wed, Sep 15, 2004 8:47 PM
You probably already know all of this: By living in LA, you probably won't be shocked by the housing prices in Hawaii. Oahu is by far the most urban island & where most of the jobs are. I believe the largest non-tourism and non-public industry employer is Kaiser (SCPG) - maybe you can get hired here and transfer - thats my plan(dream). The utilities are also major employers. The commute could even be worse than here - traffic is horrific - and that blissful oceanfront place is not going to be in downtown Honolulu. The housing is not the same quality and type as here (in my opinion). The condos are all needles in the sky without any land to call your own. Do you have any ohana in the islands? I've also heard by a CPA thinking of moving there that Hawaii is slightly skewed for those of Japanese ancestry. (not my views) The question is: How much lower in income are you and your wife willing to accept to live in what may or may not be paradise. Is it worthwhile to drive to Waikiki to be a waiter to work in Hawaii if all else fails? ECONOMY The State of Hawaii's cost of living is one of America's highest, its per capita personal income below average. In fact, Hawaii's cost of living for a family of four is estimated to be approximately 27% higher than the U.S. average for a comparable standard of living. In 1999, Hawaii's average per capita personal income of $27,544 was 3.5% below the U.S. average - the price of living in Paradise! The State of Hawaii's major sources of annual income include:
The 1990's has been the worst decade in Hawaii's economic history since World War II due, in large measure, to the decline in tourism from the East and the demise of the sugar and pineapple industries. To meet the challenges of the 21st Century, Hawaii is working to diversify its economy with a focus on industries such as science and technology, health and wellness tourism, diversified agriculture, ocean research and development, and film and television production. The Big Island's major sources of annual income include agriculture (the majority of the State's fruits, nuts and coffee are produced on Big Island) and tourism. Sugar cane is no longer produced on Big Island - abandoned in 1996. |