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Honolulu is the cheapest way into Hawaii: Oahu gets the most flight competition of any island, and once you're there the beaches, Waikiki itself, Diamond Head, and the North Shore drive are free or nearly free. TheBus covers the island for a fraction of a rental car, which is the single biggest saving available on a Hawaii trip. Costs concentrate in lodging and food — a condo with a kitchen and a grocery run changes the whole budget. Fares and rates spike over Christmas, spring break, and midsummer; the shoulder weeks in late April to early June and September to early December are cheapest. This guide covers timing, transit, and how to eat here without resort pricing.
Generally yes — it gets the most flight competition, has the widest lodging range, and is the only island with genuinely usable public transit.
The shoulder windows: late April into early June, and September into early December, outside holiday weeks.
Not for a Waikiki-based trip — TheBus reaches the North Shore and most of the island. A car helps only if you want maximum flexibility.