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Honolulu vs Miami

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Honolulu vs Miami

Miami is 27% more affordable for homebuyers. Honolulu has a price-to-income ratio of 10.5x compared to 8.5x in Miami.

MetricHonoluluMiami
Avg Home Price$750,000$550,000
Price / sqm$9,500$7,200
Rent (1BR)$2,200/mo$2,600/mo
Rent (3BR)$3,500/mo$4,000/mo
Price-to-Income10.5x8.5x
Mortgage Rate6.8%6.8%
1yr Change+1.2%+4.5%
Median Income$71,000/yr$65,000/yr
Population350,000470,000
HonoluluView full details โ†’MiamiView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Honolulu or Miami more expensive?
Miami is more affordable. Home prices differ by $200,000 (27%).
Which city has cheaper rent, Honolulu or Miami?
Rent for a 1BR in Honolulu is $2,200/mo vs $2,600/mo in Miami.

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