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Insurance Underwriters Salary in Hawaii: Cost of Living Adjusted (2024)

What does a Insurance Underwriters 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
$76,810
Median annual (2024)
-9.7%
Real Purchasing Power
$69,323
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 Insurance Underwriters earning $76,810 in Hawaii has the equivalent purchasing power of $69,323 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) $53,860 $48,610 $-5,249
25th Percentile (P25) $62,630 $56,525 $-6,104
Median (P50) $76,810 $69,323 $-7,486
75th Percentile (P75) $101,570 $91,669 $-9,900
90th Percentile (P90) $124,130 $112,030 $-12,099
Key Insight

While $76,810 sounds high, Hawaii's elevated cost of living erases 10% of that salary's purchasing power. Your real buying power is $69,323. Consider whether the higher pay offsets the higher costs.

Best States for Insurance Underwriters (After Cost of Living)

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

1. Vermont
$105,628
RPP 101.1
$97,800
RPP 102.3
3. Maine
$95,833
RPP 100.8
$94,738
RPP 88.0
$91,454
RPP 89.4
$91,453
RPP 109.4
7. Kansas
$91,022
RPP 90.0
8. Nevada
$90,549
RPP 96.4
$89,718
RPP 106.4
$89,312
RPP 107.6

Hawaii ranks #42 out of 49 states for Insurance Underwriters after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Insurance Underwriters in Hawaii after cost of living?

A Insurance Underwriters in Hawaii earns a median salary of $76,810 per year. After adjusting for Hawaii's cost of living (RPP=110.8), the real purchasing power is $69,323 — 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 Insurance Underwriters in Hawaii: $76,810 x (100 / 110.8) = $69,323. 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 Insurance Underwriters's nominal salary of $76,810 in Hawaii has 9.7% less purchasing power due to higher living costs. The real value is $69,323. However, Hawaii may offer better career opportunities, networking, and industry access.

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