Honolulu Star-Advertiser

Wednesday, May 1, 2024 80° Today's Paper


Top News

Consumer prices on Oahu rise less than U.S. average

Andrew Gomes

Prices for food, housing, transportation and education have all been rising on Oahu over the last year, according to data released today, but the overall increase is less than the national average.

The U.S. Bureau of Labor Statistics said in its latest report that the general cost of goods in Honolulu rose 3.8% over the last 12 months through May, driven largely by the price of gasoline and electricity as well as new cars and housing.

However, the rise in Honolulu’s consumer price index was below a 5% increase nationally that represented the highest U.S. gain in about 13 years.

Costs in Honolulu over the 12-month period rose 34.7% for gas, 2.6% for electricity, 2.7% for housing, 1.2% for food and 4.1% for education and communication.

The only major category with a decrease was apparel where prices slipped 1%, the report showed.

BLS said prices on Oahu over the past two months have increased 2.1%.

By participating in online discussions you acknowledge that you have agreed to the Terms of Service. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. If your comments are inappropriate, you may be banned from posting. Report comments if you believe they do not follow our guidelines. Having trouble with comments? Learn more here.