Honolulu vs Miami
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก 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.
| Metric | Honolulu | Miami |
|---|---|---|
| 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-Income | 10.5x | 8.5x |
| Mortgage Rate | 6.8% | 6.8% |
| 1yr Change | +1.2% | +4.5% |
| Median Income | $71,000/yr | $65,000/yr |
| Population | 350,000 | 470,000 |
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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.
โ OECD, Numbeo & National Statisticsโ 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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