Business & Finance Hawaii (HI) Rank #1 of 50

Economist Salary in Hawaii

The median economist salary in Hawaii is $193,698 per year, which is 70.0% above the national median of $113,940.

Median Salary
$193,698
vs National
+$79,758
State Rank
#1 of 50
Cost of Living
170%

Economist Salary Overview in Hawaii (2026)

Hawaii ranks #1 out of 50 states for economist compensation. This places Hawaii in the top tier nationally, making it one of the best states for economists seeking high pay. At $193,698 per year, economists in Hawaii earn $79,758 more than the national median of $113,940.

It's worth noting that Hawaii's cost of living is 170% of the national average, which reduces the real purchasing power of the $193,698 salary. After adjusting for cost of living, the effective salary is closer to $113,940.

The salary spread in Hawaii is significant: economists at the 10th percentile earn $105,400, while those at the 90th percentile bring home $336,600 — a $231,200 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Hawaii for this role is Honolulu, where the median reaches $199,395.

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). This steady growth indicates stable demand for economists across the country.

Economist Salary in Hawaii by Experience

In Hawaii, an entry-level economist earns around $110,500, while experienced professionals earn up to $314,500 per year. The cost of living index in Hawaii is 170% of the national average.

Entry Level (0-2 yrs)
$110,500
+$45,500 vs national
Mid Level (3-7 yrs)
$195,500
+$80,500 vs national
Senior Level (8+ yrs)
$314,500
+$129,500 vs national

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Salary Percentiles in Hawaii

Percentile HI Salary
10th Percentile $105,400
25th Percentile $139,400
Median (50th) $193,698
75th Percentile $263,500
90th Percentile $336,600

Economist Salary by City in Hawaii

The largest employment areas for economists in Hawaii include Honolulu, Pearl City, Hilo, and Kailua. Salaries vary by city based on local cost of living and demand.

How to Become a Economist in Hawaii

Education

Most economist positions require a master's degree. Hawaii has several accredited institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook in Hawaii

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Hawaii's demand may vary based on local industry trends.

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Frequently Asked Questions: Economist Salary in Hawaii

How much does a Economist make in Hawaii? ▼
The median economist salary in Hawaii is $193,698 per year, which is 70.0% above the national median of $113,940. Salaries range from $105,400 (10th percentile) to $336,600 (90th percentile).
How much does a Economist make per hour in Hawaii? ▼
Based on the median annual salary of $193,698, a economist in Hawaii earns approximately $93 per hour assuming a standard 2,080-hour work year.
Is Hawaii a good state for economists? ▼
Hawaii ranks #1 out of 50 states for economist pay. The cost of living index is 170% of the national average. Entry-level economists earn $110,500, while senior professionals earn $314,500.
How does Hawaii compare to other states for economist salary? ▼
The highest paying state for economists is Hawaii at $193,698. Hawaii's median of $193,698 ranks #1 nationally. Nearby-ranked states include Massachusetts ($161,795) and California ($157,237).
What is the entry-level economist salary in Hawaii? ▼
An entry-level economist in Hawaii earns approximately $110,500 per year. With 3-7 years of experience, pay increases to around $195,500. Senior-level professionals with 8+ years earn up to $314,500.
What city in Hawaii pays economists the most? ▼
Honolulu is the highest paying city in Hawaii for economists, with a median salary of $199,395. Other cities include Pearl City and Hilo.