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

What does a Financial Manager 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

$127,370

Median annual (2024)

→ -9.7%

Real Purchasing Power

$114,954

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 Manager earning $127,370 in Hawaii has the equivalent purchasing power of $114,954 in an average-cost US state.

HI: 110.8

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

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Hawaii's cost of living.

Percentile	Nominal Salary	COL-Adjusted	Difference
10th Percentile (P10)	$76,210	$68,781	$-7,428
25th Percentile (P25)	$95,570	$86,254	$-9,315
Median (P50)	$127,370	$114,954	$-12,415
75th Percentile (P75)	$161,140	$145,433	$-15,706
90th Percentile (P90)	$209,790	$189,341	$-20,448

Key Insight

While $127,370 sounds high, Hawaii's elevated cost of living erases 10% of that salary's purchasing power. Your real buying power is $114,954. Consider whether the higher pay offsets the higher costs.

Best States for Financial Manager (After Cost of Living)

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

1. New York

$200,501

RPP 107.6

2. Delaware

$183,724

RPP 98.0

3. New Jersey

$173,483

RPP 108.8

4. South Dakota

$172,750

RPP 88.0

5. Colorado

$170,909

RPP 102.3

6. Georgia

$170,615

RPP 95.8

7. North Carolina

$170,212

RPP 94.2

8. Virginia

$166,787

RPP 102.1

9. Massachusetts

$165,603

RPP 109.4

10. Texas

$164,461

RPP 97.5

Hawaii ranks #50 out of 50 states for Financial Manager after cost-of-living adjustment.

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Frequently Asked Questions

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

A Financial Manager in Hawaii earns a median salary of $127,370 per year. After adjusting for Hawaii's cost of living (RPP=110.8), the real purchasing power is $114,954 — 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 Manager in Hawaii: $127,370 x (100 / 110.8) = $114,954. 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 Manager's nominal salary of $127,370 in Hawaii has 9.7% less purchasing power due to higher living costs. The real value is $114,954. However, Hawaii may offer better career opportunities, networking, and industry access.