Hawaii is a great place to go on vacation if your from the mainland and have a few bucks that you can spend on your family. The weather is near perfect year round and there are literally lots of free things to do all around these islands which can make for some fairly cheap vacations once the folks pay for the airfare to get here.
Many tourists may not realize just how tight the economy is here in Hawaii and the fact that we really do rely upon tourism so much to keep the islands economy a float.
Many of us folks know how tight money is and many folks work two jobs just to make ends meet. The high cost of living such as paying close to $5.00 a gallon for milk and gas as well as paying higher prices on everything that gets shipped here from the mainland can make saving money difficult and many folks live month to month.
The real killer for many of us… is the taxes we pay on everything! Hawaii residents are one of the most taxed folks in the country!
MoneyRates.com is reporting that Hawaii is the worst state in America to make a living showing that the lowest adjusted-average income at $22,107.96
No wonder there’s so much crime on Hawaii Five-0! This is undoubtedly a great place to live for many reasons, but it is a tough place for making a living. An extremely high cost of living, coupled with a fairly high tax rate, give Hawaii the lowest adjusted-average income at $22,107.96. With this adjusted average income, Hawaii residents don’t have much to put into their savings accounts.