Business & Finance Hilo, HI Pop. 45,703

Economist Salary in Hilo, Hawaii

The median economist salary in Hilo, HI is $173,189 per year, which is 52.0% above the national median and 10.6% below the Hawaii state average.

City Median
$173,189
vs State Avg
$-20,509
vs National
+$59,249
Cost of Living
152%

Economist Pay in Hilo: What to Expect (2026)

Hilo offers a median economist salary of $173,189, which is $20,509 below the Hawaii state average of $193,698. Compared to the national median of $113,940, Hilo pays above average for this role.

However, Hilo's cost of living index is 152%, significantly above the national average. After adjusting for local costs, the $173,189 salary has an effective purchasing power of approximately $113,940. Housing, transportation, and food costs in Hilo should be factored into any relocation or job-change decision.

The salary range for economists in Hilo spans from $94,240 at the 10th percentile to $300,960 at the 90th percentile — a $206,720 spread. Entry-level professionals start around $98,800, while senior economists with 8+ years of experience can earn up to $281,200. Hilo is a smaller market (pop. 45,703), which may mean fewer openings but also less competition for available positions.

Economist Salary in Hilo by Experience

In Hilo, an entry-level economist earns around $98,800, while experienced professionals earn up to $281,200 per year. The local cost of living index is 152% of the national average.

Entry Level (0-2 yrs)
$98,800
+$33,800 vs national
Mid Level (3-7 yrs)
$174,800
+$59,800 vs national
Senior Level (8+ yrs)
$281,200
+$96,200 vs national

Salary Percentiles in Hilo, HI

Percentile Hilo
10th Percentile $94,240
25th Percentile $124,640
Median (50th) $173,189
75th Percentile $235,600
90th Percentile $300,960

Economist Salary in Other Hawaii Cities

How to Become a Economist in Hilo

Education

Most economist positions require a master's degree. Hilo and the surrounding Hawaii area have institutions offering relevant programs.

Key Skills

EconometricsStatistical AnalysisR/PythonEconomic ModelingResearch MethodsPolicy Analysis

Job Outlook

Nationally, economist employment is projected to grow 6% over the next decade (faster than average). Demand in Hilo may vary based on local industry and population growth.

Find Economist Jobs in Hilo

Browse open economist positions in Hilo, HI:

Frequently Asked Questions: Economist Salary in Hilo

How much does a Economist make in Hilo, HI? ▼
The median economist salary in Hilo, Hawaii is $173,189 per year, which is 52.0% above the national median of $113,940. Salaries range from $94,240 (10th percentile) to $300,960 (90th percentile).
How much does a Economist make per hour in Hilo? ▼
Based on the median annual salary of $173,189, a economist in Hilo earns approximately $83 per hour assuming a standard 2,080-hour work year.
How does Hilo compare to the Hawaii state average for economist pay? ▼
Hilo's median economist salary of $173,189 is 10.6% below the Hawaii state average of $193,698. The local cost of living index is 152% of the national average.
What is the cost of living in Hilo, HI? ▼
Hilo has a cost of living index of 152% compared to the national average. This means a economist salary of $173,189 in Hilo has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a economist in Hilo? ▼
Most economist positions in Hilo require a master's degree. Key skills include Econometrics, Statistical Analysis, R/Python, Economic Modeling. The job market is projected to grow 6% nationally over the next decade.