HONOLULU (HawaiiNewsNow) - $115,583.
That's how much a two-parent, two-child family needs to bring in annually to live modestly in urban Honolulu, according to new county-by-county calculations from the Economic Policy Institute.
The cost of living calculation allows $1,893 a month for rent, $1,074 for food, and $1,548 for child care.
It also sets aside $1,197 a month for "other necessities."
Among the nation's 100 largest metro areas, Honolulu had the eighth-highest cost of living, eclipsed only by counties in California and New York.
The Economic Policy Institute, a nonpartisan thinktank, developed the calculation in a bid to better reflect what it takes to make ends meet in localities around the country. Its cost of living calculations reflect a "modest" lifestyle: Housing costs are based on fair market rents; food expenses are modeled on a federal "low cost" food plan.
The institute estimated a one-parent, two-child family needs to bring in $106,278 a year to live modestly in Honolulu.
And a single adult needs to earn $51,552. That's assuming monthly housing costs of $1,261, and a monthly grocery bill of $381.
The institute also looked at cost of living requirements for the Neighbor Islands.
A family of four needs $110,331 a year to live comfortably in Maui.
The same family would need $93,441 to live on the Big Island, and $102,480 to live on Kauai.
In the vast majority of places across the country, four-person families need $70,000 to $85,000 a year to cover a modest lifestyle.
But there are a number of outliers, including Hawaii, Alaska and parts of the West.
In Santa Clara County, Calif., home to Silicon Valley, a family of four needs $129,092 a year to live modestly. In New York City, a family of four needs to earn as much as $138,000.