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“The cost of living in Hawaii averages 46% higher than the rest of the U.S. A typical home costs $830,193, more than double the average U.S. home value of $346,653,” per SoFi. That said, there ...
Due to their excessive damage, the names of tropical cyclones accruing at least $1 billion in damage are usually retired by the World Meteorological Organization, but this is not always the case. Juan in 1985 was the first hurricane to cause at least a billion in damage and not be retired; its name was retired after a later usage ( 2003 ) that ...
Hurricane Opal was a large and powerful tropical cyclone that caused severe and extensive damage along the northern Gulf Coast of the United States in October 1995. The fifteenth named storm, ninth hurricane and strongest tropical cyclone of the unusually active 1995 Atlantic hurricane season, Opal developed from the interaction of a tropical wave and a low-pressure area near the Yucatán ...
In fact, Locations Hawaii reported that the Hawaii State median sale price movement is up as of September 2023, with the average home price up 3% to $945,000 and the condo price up 4% to $570,000 ...
The islands of Hawaii, with Kauai as the notable exception, appear to be remarkably immune from direct hurricane hits. The USGS states that "more commonly, near-misses that generate large swell and moderately high winds causing varying degrees of damage are the hallmark of hurricanes passing close to the islands."
"Hurricane Iniki caused nearly $3 billion in damage in Hawaii back in September 1992, which would be about $6.7 billion in today's dollars," AccuWeather CEO and Founder Dr. Joel N. Myers said in 2024.
This is in part due to the difficulty of measuring the financial damage in areas that lack insurance. For example, the 2004 Indian Ocean earthquake and tsunami, with a death toll of around 230,000 people, cost a 'mere' $15 billion, [1] whereas in the Deepwater Horizon oil spill, in which 11 people died, the damage was six times higher.
Just one dozen eggs in Hawaii can cost around $10. In 2020, a $93,000 salary for someone living on Oahu was considered "low income." The national average income for a full-timer at that time? $48,672.