Financial Advisor Salary in Hawaii: Cost of Living Adjusted (2024)

What does a Financial Advisor salary really buy you in Hawaii?

Hawaii is 10.8% pricier than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary

$75,680

Median annual (2024)

→ -9.7%

Real Purchasing Power

$68,303

COL-adjusted (RPP=110.8)

Hawaii Cost of Living Index

Hawaii's Regional Price Parity (RPP) is 110.8, meaning prices are 10.8% higher the national average. A Financial Advisor earning $75,680 in Hawaii has the equivalent purchasing power of $68,303 in an average-cost US state.

HI: 110.8

Cheapest (~85) US Avg (100) Priciest (~115)

Key Insight

While $75,680 sounds high, Hawaii's elevated cost of living erases 10% of that salary's purchasing power. Your real buying power is $68,303. Consider whether the higher pay offsets the higher costs.

Best States for Financial Advisor (After Cost of Living)

Where does Financial Advisor salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. New York

$156,105

RPP 107.6

2. Idaho

$148,627

RPP 91.8

3. South Dakota

$140,204

RPP 88.0

4. Delaware

$130,785

RPP 98.0

5. Wisconsin

$125,330

RPP 92.3

6. Maryland

$116,676

RPP 105.0

7. California

$114,355

RPP 112.5

8. New Jersey

$113,685

RPP 108.8

9. Kansas

$112,011

RPP 90.0

10. North Dakota

$111,600

RPP 88.7

Hawaii ranks #46 out of 46 states for Financial Advisor after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Financial Advisor in Hawaii after cost of living?

A Financial Advisor in Hawaii earns a median salary of $75,680 per year. After adjusting for Hawaii's cost of living (RPP=110.8), the real purchasing power is $68,303 — a -9.7% difference.

Is Hawaii expensive to live in?

Hawaii's cost of living is 10.8% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Hawaii is 110.8 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Financial Advisor in Hawaii: $75,680 x (100 / 110.8) = $68,303. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in Hawaii offset the salary?

Partially — a Financial Advisor's nominal salary of $75,680 in Hawaii has 9.7% less purchasing power due to higher living costs. The real value is $68,303. However, Hawaii may offer better career opportunities, networking, and industry access.