49. Hawaii

Say hello to a glorious quality of life in the Aloha State, but say goodbye to your money in the most expensive state.

George Kavallines | CNBC
Category
Score
2017 Rank
2016 Rank
Workforce 188 48 48
Infrastructure 152 40 46
Cost of Doing Business 49 50 50
Economy 135 35 (Tie) 25
Quality of Life 268 1 1
Technology & Innovation 64 45 38
Education 90 30 (Tie) 43
Business Friendliness 29 47 (Tie) 46
Access to Capital 22 41 (Tie) 37
Cost of Living 1 50 50
Overall 998 49 49

Economic Profile

Governor: David Ige, Democrat

Population: 1,428,557

GDP growth (Q4 2016): 0.9 percent

Unemployment rate (May 2017): 2.7 percent

Top corporate tax rate: 6.4 percent

Top individual income tax rate: 8.25 percent

Gasoline tax: 44.22 cents/gallon

Bond rating/outlook (Moody's, S&P): Aa1, AA+ stable

Major private employers: Bank of Hawaii, Corp., Hawaiian Electric Industries Inc.

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

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