Hawaii Residents Spend the Highest Percentage of Income on Housing – WalletHub Study

from WalletHub, April, 2025

With housing costs taking up as much as 50% of the median income in some states, the personal-finance website WalletHub today released its report on the States Where People Spend the Most & Least on Housing to highlight where owning a home is unaffordable for the average person.

WalletHub analyzed mortgage and home energy payments in each of the 50 states. We then added these costs together and compared them to the median household income in order to determine where people are spending the greatest percentage of their income on housing.

Housing Spending in Hawaii (1=Most Expensive; 25=Avg.):

• Average Cost of Housing*: $4,380.53 
• Average Cost of Housing* as % of Median Monthly Household Income: 53.47%
• 1st – Average Monthly Mortgage Principal & Interest Payment
• 1st – Average Monthly Home Energy Cost 

*Housing refers to mortgage payments and home energy costs.

For the full report, please visit: Wallethub.com/edu/