Yes, it is a fair comparison!  
And, incomplete, for sure--Hawaii's whole tax structure is geared to burden Labour and relieve Capital--but to do so in ways that people will not protest.  Yet We the People should, no must, protest:  
"The 10 states with the highest taxes on the poor are Arizona, Arkansas, Florida, Hawaii, Illinois, Indiana, Pennsylvania, Rhode Island, Texas, and Washington." 
"the most regressive state income tax loopholes are capital gains tax breaks (Arizona, Arkansas, Hawaii, Mon­tana, New Mexico, North Dakota, South Carolina, Vermont, and Wisconsin)"
"Hawaii, which relies heavily on consumption taxes, ranks second in its taxes on the poor, at 13.4 percent. "
[http://www.itep.org/whopays/full_report.php]
The 1914 definition of a fair minimum wage (published on page 527 of the December, 1916, issue of The National Geographic Magazine) should be met without a tax burden--Corporations do not pay taxes on THEIR minimum cost of living.