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When you compare the cost of living in Hawaii and that of California, you will likely find that Hawaiis cost of living is considerably higher. The cost of living index in Hawaii is 196.3 while that in California is 138.5. Hawaiis house index is 336.3, transportation is 138.8, and grocery cost index is 167.7.
The TMK will be listed under the Parcel Number column. If you put in the street address of a condominium or town home, there may be multiple TMKs listed. Use this TMK number when filing for your tax exemption. You may also click on the TMK number for public information on your property.
While anyone in the world can buy property in Hawaiʻi, non-Hawaiʻi residents will be subject to a tax of 7.25% on the sale price, when and if they sell the property, under the Hawaiʻi Real Property Tax Law, or HARPTA.

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Buying a home in Hawaii is very pricey. The median price of a single-family home on one of the four main islands for residents topped $1 million in June of 2022, with condo prices hitting $637,000.
Every property in Hawaii has a Tax Map Key or TMK to identify it, and on Maui it will look like this: 2-2-6-004-003-000 or maybe 260040030000. The first digit refers to the division or island, with 2 standing for Maui. The second digit refers to the zone as each island is divided into zones.
The state of Hawaii uses Tax Map Key (TMK) system to help you determine where your lot or home is located: THE FIRST NUMBER indicates the ISLAND, all Kauai properties start with the number 4. THE SECOND NUMBER indicates the ZONE on this island Kauai has 5 zones. THE THIRD NUMBER identifies a SECTION within the zone.
Documents recorded from 1992 are available online, if you need documents prior to 1992, visit dlnr.hawaii.gov/boc/general-public for instructions. Once registered you may search the system without cost and only pay when purchasing a document via credit card or through your subscription.
Contrary to popular belief, anyone can own property in Hawaii, even people from foreign countries. However, foreign owners may not be able to live in the property without a green card. Many people, US citizens and foreigners alike, own investment property or vacation homes in Hawaii.