Life in Hawaii follows a vicious cycle. We have already told you that the cost of living in Hawaii is pretty high, so this state doesn’t attract many workers. As a result, labor is scarce. Hawaii has an unemployment rate of 2.8%, and it keeps shifting between the 4th and 5th position on the list of cities with the lowest unemployment rate in the US. Most people tend to travel to Hawaii during summer vacation. They stay for at least a week in this prime season Maxwell Drever says, allowing locals to raise prices. Since hotel owners know that tourists will prefer to stay in a luxury resort, they double the accommodation cost.