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Real Estate Agent Salary in Hawaii: Cost of Living Adjusted (2024)

What does a Real Estate Agent 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
$47,020
Median annual (2024)
-9.7%
Real Purchasing Power
$42,436
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 Real Estate Agent earning $47,020 in Hawaii has the equivalent purchasing power of $42,436 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) $39,870 $35,983 $-3,886
25th Percentile (P25) $43,190 $38,980 $-4,209
Median (P50) $47,020 $42,436 $-4,583
75th Percentile (P75) $82,260 $74,241 $-8,018
90th Percentile (P90) $104,470 $94,287 $-10,182
Key Insight

While $47,020 sounds high, Hawaii's elevated cost of living erases 10% of that salary's purchasing power. Your real buying power is $42,436. Consider whether the higher pay offsets the higher costs.

Best States for Real Estate Agent (After Cost of Living)

Where does Real Estate Agent salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$90,557
RPP 107.6
$87,681
RPP 91.0
3. Alaska
$84,117
RPP 102.0
4. Vermont
$81,730
RPP 101.1
$77,851
RPP 109.4
$70,109
RPP 109.8
$69,706
RPP 88.7
$64,517
RPP 89.2
9. Montana
$62,757
RPP 90.3
$61,829
RPP 88.0

Hawaii ranks #46 out of 48 states for Real Estate Agent after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Real Estate Agent in Hawaii after cost of living?

A Real Estate Agent in Hawaii earns a median salary of $47,020 per year. After adjusting for Hawaii's cost of living (RPP=110.8), the real purchasing power is $42,436 — 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 Real Estate Agent in Hawaii: $47,020 x (100 / 110.8) = $42,436. 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 Real Estate Agent's nominal salary of $47,020 in Hawaii has 9.7% less purchasing power due to higher living costs. The real value is $42,436. However, Hawaii may offer better career opportunities, networking, and industry access.

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