Honolulu vs Fort Collins: Cost of Living Comparison
How does the cost of living in Honolulu, Hawaii compare to Fort Collins, Colorado? Below is a side-by-side breakdown of housing costs, income, wages, and taxes using official government data.
Summary: Fort Collins is the more affordable city overall. Housing costs are 62% higher in Honolulu compared to Fort Collins, while rent is 10% higher. State income tax is 11% in HI vs 4.4% in CO.
| Metric | Honolulu, HI | Fort Collins, CO | Diff |
|---|---|---|---|
| Housing | |||
| Median Home Value | $805,500 | $497,400 | +61.9% |
| Median Monthly Rent | $1,734 | $1,576 | +10.0% |
| Income | |||
| Median Household Income | $82,772 | $78,977 | +4.8% |
| Per Capita Income | $45,784 | $43,495 | +5.3% |
| Taxes | |||
| State Income Tax Rate | 11.0% | 4.4% | +150.0% |
| Combined Sales Tax | 4.4% | 7.8% | -42.9% |
| Demographics | |||
| Population | 348,547 | 168,758 | +106.5% |
Source: U.S. Census Bureau ACS 5-Year Estimates (2022), Freddie Mac Primary Mortgage Market Survey. State/local tax rates from Tax Foundation (2024).
Rent vs. Buy Calculator — Honolulu
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Rent vs. Buy Calculator — Fort Collins
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Key Takeaways
- Housing: The median home in Honolulu costs $805,500 compared to $497,400 in Fort Collins — a 62% premium.
- Rent: Median rent is $1,734/mo in Honolulu vs $1,576/mo in Fort Collins.
- Income: Median household income is $82,772 in Honolulu and $78,977 in Fort Collins.
- Taxes: State income tax is 11% in Hawaii vs 4.4% in Colorado.
Methodology
This comparison uses data from the U.S. Census Bureau American Community Survey 5-Year Estimates (2022) for median household income, median home value, median gross rent, per capita income, and population. State and local tax rates are sourced from the Tax Foundation. Mortgage rates are from the Freddie Mac Primary Mortgage Market Survey (updated weekly).