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
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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