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Financial Risk Specialists Salary in Hawaii: Cost of Living Adjusted (2025)

Last updated: 2025 BLS data · Page refreshed:

What does a Financial Risk Specialists salary really buy you in Hawaii?

Hawaii is 10.8% pricier than the US average

Data: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19

Nominal Salary
$89,860
Median annual (2025)
-9.7%
Real Purchasing Power
$81,101
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 Risk Specialists earning $89,860 in Hawaii has the equivalent purchasing power of $81,101 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) $61,740 $55,722 $-6,017
25th Percentile (P25) $78,330 $70,694 $-7,635
Median (P50) $89,860 $81,101 $-8,758
75th Percentile (P75) $123,360 $111,335 $-12,024
90th Percentile (P90) $134,990 $121,832 $-13,157
Key Insight

While $89,860 sounds high, Hawaii's elevated cost of living erases 10% of that salary's purchasing power. Your real buying power is $81,101. Consider whether the higher pay offsets the higher costs.

What the Cost-of-Living Data Says

Hawaii Is a High-Cost State

RPP 110.8

Hawaii's RPP of 110.8 puts it 10.8% above the national baseline cost of living. A Financial Risk Specialists needs that premium in nominal pay just to maintain the same purchasing power as an average-cost state.

Meaningful Purchasing-Power Shift

-9.7%

After applying Hawaii's RPP, the $89,860 median salary translates to $81,101 in real terms — a 9.7% loss. That difference can cover several months of expenses over a year for a Financial Risk Specialists.

Bottom-Quartile COL-Adjusted Pay

#48 / 50

Hawaii ranks #48 of 50 — bottom quartile for Financial Risk Specialists real purchasing power. Relocation, employer negotiation, or remote roles at higher-paying markets tend to generate the biggest ROI.

Best States for Financial Risk Specialists (After Cost of Living)

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

$147,137
RPP 107.6
$142,285
RPP 98.0
$140,169
RPP 94.2
4. Maine
$139,900
RPP 100.8
5. Wyoming
$130,087
RPP 91.9
$127,165
RPP 107.6
$123,907
RPP 102.1
8. Iowa
$119,547
RPP 88.4
$119,195
RPP 109.4
$118,768
RPP 108.8

Hawaii ranks #48 out of 50 states for Financial Risk Specialists after cost-of-living adjustment.

How much do you actually take home? See Financial Risk Specialists take-home pay in Hawaii after taxes →

Frequently Asked Questions

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

A Financial Risk Specialists in Hawaii earns a median salary of $89,860 per year. After adjusting for Hawaii's cost of living (RPP=110.8), the real purchasing power is $81,101 — 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 Risk Specialists in Hawaii: $89,860 x (100 / 110.8) = $81,101. 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 Risk Specialists's nominal salary of $89,860 in Hawaii has 9.7% less purchasing power due to higher living costs. The real value is $81,101. However, Hawaii may offer better career opportunities, networking, and industry access.

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