Hawaii is 2026’s 3rd Worst State to Start a Business

from Wallet Hub

With over 20% of new businesses failing within one year and inflation making entrepreneurship even more difficult, the personal-finance company WalletHub today released its report on 2026’s Best & Worst States to Start a Business, as well as expert commentary to showcase the most fertile grounds for planting and growing new ventures.

WalletHub compared the 50 U.S. states across 25 key indicators of startup success. The data set ranges from financing accessibility to labor costs to office-space affordability.

Starting a Business in Hawaii (1=Best; 25=Avg.):

Overall Rank for Hawaii: 48th
46th – Avg. Growth in Number of Small Businesses
38th – Office-Space Affordability
47th – Labor Costs
44th – Availability of Human Capital
27th – Avg. Length of Work Week (in Hours)
50th – Cost of Living
43rd – Industry Variety

For the full report, please visit:
https://wallethub.com/edu/best-states-to-start-a-business/36934