The invention discloses honey vinegar and a preparation method thereof. The honey vinegar contains the following raw materials: honey, water, ammonium sulfate, dipotassium phosphate, bran, rice husk,yeast and acetic acid bacteria. The prepared honey vinegar is reddish brown, glossy, uniform in liquid, mellow, sour and palatable, has no sediment and peculiar smell, has the specific fragrance of honey vinegar and the fragrance of foods such as bran and rice hull and is rich in multiple nutritive values of honey, bran and rice husk and rich in nutrients, the total acid content is 4.5-5.0g / 100mL,the sourness is relatively strong, and the honey vinegar can meet the standard requirements of GB 18187-2000 Brewed Table Vinegar. According to the preparation method, the sugar degree, pH value andnutrients of the honey are adjusted, and the honey vinegar produced sequentially through alcohol liquid fermentation and acetic acid solid fermentation contains rich organic acid, amino acid, vitaminsand mineral substances and is gentle in sourness; and the preparation method is simple and convenient and easy to operate.