In Less Than a Decade, Even the Wealthy Won’t Be Able To Afford Homes in These 10 Hawaii ZIP Codes

Hawaii is world renowned as an island paradise whose scenic views will take your breath away, and whose prices will drain your money in a hurry. In addition to being the most expensive state to live in, Hawaii is also among the priciest to buy a home — so much so that it even stretches the budget of rich people.

Research conducted last year by NewJerseyRealEstateNetwork.com found that Hawaii ranked as the fourth most-expensive state for homeowners based on metrics such as average annual homeowner cost and homeowner costs as a percentage of median income.

Those costs — including mortgage payments, insurance, property taxes, electric bills and homeowner association fees — make it difficult enough to own a home in Hawaii. But you also need to consider the cost of everything else in the Aloha State.

A survey conducted by GOBankingRates found that Hawaii is far and away the most expensive state to live in based on everyday expenses like groceries, healthcare, utilities and transportation. Its cost-of-living score based on a mean of 100 is 181.5 — more than 38 points higher than second-ranked Massachusetts. Average annual cost-of-living expenditures totaled $132,435 in Hawaii vs. $104,416 in Massachusetts.

Given those costs, it’s not surprising that even rich folks might find Hawaii an expensive place to live. A separate analysis from GOBankingRates looked at median home values in Hawaii and used housing data to project how home prices might move up or down in the coming years.

Based on that research, here are 10 ZIP codes where even the wealthy might not be able to afford a home in less than a decade.

• Zip code: 96708
• Projected 2033 average home price: $1,256,074

• Zip code: 96756
• Projected 2033 average home price: $1,283,773

• Zip code: 96821
• Projected 2033 average home price: $1,284,983

• Zip code: 96779
• Projected 2033 average home price: $1,293,527

• Zip code: 96753
• Projected 2033 average home price: $1,323,294

• Zip code: 96790
• Projected 2033 average home price: $1,327,328

• Zip code: 96761
• Projected 2033 average home price: $1,421,109

• Zip code: 96722
• Projected 2033 average home price: $1,672,371

• Zip code: 96754
• Projected 2033 average home price: 2,004,659

• Zip code: 96714
• Projected 2033 average home price: $2,551,413