How your housing costs change when you relocate. Based on 2026 data with 10% down, 6.5% rate, 30-year fixed.
Your housing costs will increase by approximately $95 per month ($1,140/year) when you move from Hawaii to California.
If you sell your median-priced Hawaii home ($830K) and buy in California ($785K):
Your Hawaii equity covers the 20% down payment on a median California home with $92K left over. That surplus can cover closing costs, moving expenses, or go into savings.
Over 10 years, this move costs you approximately $11K in housing costs alone.
Your dollar stretches further in California. The median home costs 5% less than in Hawaii, which translates to a $45K difference in purchase price. This means a smaller loan, a lower monthly payment, and less total interest paid over the life of your mortgage.
Watch out for California's 0.73% property tax rate — that's $3,406 more per year than you're used to in Hawaii (0.28%). Property taxes are often the hidden cost that surprises relocating buyers.
Insurance will cost you more in California — $2,200/year compared to $1,200/year in Hawaii. That's an extra $1,000 annually ($83/month). Shop multiple carriers to find the best rate.
When you buy in California, expect about $9K in closing costs (1.2% of purchase price). This includes a 0.11% transfer tax. Budget for this amount on top of your down payment.
California's CalHFA Dream For All offers Up to 20% shared appreciation loan. If you haven't owned a home in three years (or are buying in California for the first time), you may qualify. Check eligibility requirements and income limits on California's housing finance agency website.