Honolulu vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Honolulu is 18% cheaper for renters. A 2-bedroom rents for $1,937/mo vs $2,293/mo in New York-Newark-Jersey City — saving $4,272/year.
Rent by Unit Size
| Unit Size | Honolulu | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $1,256 | $1,531 | $275 |
| 1 Bedroom | $1,543 | $1,813 | $270 |
| 2 Bedrooms | $1,937 | $2,293 | $356 |
| 3 Bedrooms | $2,397 | $2,674 | $277 |
| 4 Bedrooms | $2,745 | $3,167 | $422 |
| Median Income | $116,677 | $124,777 | $8,100 |
Honolulu
- Studio
- $1,256/mo
- 1 BR
- $1,543/mo
- 2 BR
- $1,937/mo
- 3 BR
- $2,397/mo
- 4 BR
- $2,745/mo
- Median Income
- $116,677/yr
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Honolulu or New York-Newark-Jersey City cheaper to rent in?
Honolulu is cheaper — a 2-bedroom Fair Market Rent is $1,937/mo vs $2,293/mo in New York-Newark-Jersey City. That's $356/mo or $4,272/year more expensive in New York-Newark-Jersey City (18% higher).
What is the 2-bedroom rent in Honolulu vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Honolulu is $1,937/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Honolulu and New York-Newark-Jersey City?
The median household income in Honolulu is $116,677/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Honolulu vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Honolulu is $1,256/mo. In New York-Newark-Jersey City it is $1,531/mo.