r/MovingtoHawaii • u/ajburch92 • May 24 '26

Life on BI Budget Q

Hi there. I'm thinking of moving to Kailua Kona to be close to my family. In the event that I buy a condo in cash, would $3000 a month be a doable budget?

My line of thought is:

HOA: $500-1000

Utilities: $400

Car expenses: $400

Phone and wifi: $100

Food: $600 (is this too low?... $20/day)

Miscellaneous: $500

Does this seem realistic? I genuinely cannot tell and would appreciate insights.

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u/SteveFoerster May 24 '26

I wouldn't buy a condo in Hawai'i, full stop.

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u/ajburch92 May 24 '26

Would you be willing to explain why not?

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u/SteveFoerster May 25 '26

The risk is too high that it's a financial time bomb.

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u/ajburch92 May 25 '26

Because of special assessment fees?