Tax Comparison: Oklahoma city, OK vs Honolulu, HI
Understanding Your Tax Burden
This page compares the three main types of taxes between Oklahoma city, OK and Honolulu, HI: property tax, income tax, and sales tax. Each of these has a different impact on your overall cost of living.
Property Tax Comparison
Property taxes are collected by local governments and used to fund schools, infrastructure, and other local services. They're typically based on the assessed value of your property.
Our property tax estimates are based on:
- U.S. median home value: $419,200 (2023 data)
- Local effective tax rates for both cities
Oklahoma city, OK
$4,112
Based on a $419,200 home
Rate: 0.9809%
Honolulu, HI
$1,192
Based on a $419,200 home
Rate: 0.2843%
Data | Oklahoma city, OK | Honolulu, HI |
---|---|---|
Effective Property Tax Rate | 0.9809% | 0.2843% |
Estimated Property Tax | $4,112 | $1,192 |
Home Value Used | $419,200 | $419,200 |
Comparison: Property taxes in Honolulu, HI are $2,920 lower than in Oklahoma city, OK for the same home value.
State Income Tax Comparison
Income tax rates and brackets vary by state, impacting residents' overall tax burden. The estimates below are based on standard deductions and typical filing scenarios.
Our income tax estimates consider:
- Single filer: $100,000 annual income
- Married couple: $200,000 combined income
- Median income: $80,600 annual income
OK
0.25%-4.75%
Single: $3,797
Married: $6,835
HI
1.4%-11%
Single: $5,645
Married: $10,161
Data | OK | HI |
---|---|---|
Tax Rate | 0.25%-4.75% | 1.4%-11% |
Single Filer ($100k) | $3,797 | $5,645 |
Married Couple ($200k) | $6,835 | $10,161 |
Median Income ($80.6k) | $3,829 | $6,371 |
Comparison: Income taxes in OK are $2,542 lower than in HI for the median household income.
Sales Tax Comparison
Sales tax rates vary by location and can have a significant impact on your day-to-day expenses. These include state, county, city, and special district taxes that together form the total sales tax rate.
Our sales tax estimates consider:
- Average household taxable spending: $15,500 per year
- Combined state and local rates for both cities
Oklahoma city, OK
11.500%
Combined rate
Annual sales tax: $1782
(Based on $15,500 spending)
Honolulu, HI
4.500%
Combined rate
Annual sales tax: $697
(Based on $15,500 spending)
Data | Oklahoma city, OK | Honolulu, HI |
---|---|---|
State Sales Tax | 4.50% | 4.00% |
Combined Sales Tax | 11.500% | 4.500% |
Annual Tax Amount | $1,782 | $697 |
Comparison: Shopping in Honolulu, HI costs $1,085 less in annual sales tax than in Oklahoma city, OK for the average household.
Tax Comparison Insights
Tax Insights: Oklahoma city vs Honolulu
- Property Tax: Honolulu has a 0.6966 percentage points lower effective property tax rate than Oklahoma city.
- Income Tax: Living in OK could save you approximately $2,542 in state income taxes for a median household income.
- Sales Tax: The combined sales tax rate in Honolulu is 7.00 percentage points lower than in Oklahoma city.
Overall Tax Burden Comparison
Oklahoma city, OK
$9,722
Combined annual tax burden
Property
$4,112
Income
$3,829
Sales
$1,782
Honolulu, HI
$8,259
Combined annual tax burden
Property
$1,192
Income
$6,371
Sales
$697
Overall Comparison: Honolulu, HI has an estimated $1,463 lower total tax burden than Oklahoma city, OK based on our standard scenarios.
Important Tax Disclaimer
The tax information provided above is based on publicly available data and standard assumptions. Actual tax situations will vary based on:
- Individual financial circumstances
- Applicable deductions and credits
- Recent changes in tax laws
- Personal spending habits
- Local variations within cities and counties
This comparison is intended for general informational purposes only and should not be considered tax advice. For specific guidance regarding your tax situation, please consult with a qualified tax professional.