You're holding in your hand a crisp, new $100 bill

You're holding in your hand a crisp, new $100 bill. If you want to get the most for your money, spend it in Mississippi, where $100 will buy you items that would cost $115.21 in a state that is closer to the national average. Using data from the Bureau of Economic Analysis, the Tax Foundation figured out the real value of $100 in each of the 50 states and the District of Columbia. The states in which $100 is worth the most are Mississippi, Arkansas, South Dakota, Alabama and West Virginia. The states in which $100 is worth the least are the District of Columbia, Hawaii, New York, New Jersey and California.
What $100 is worth in each state from greatest purchasing power to least:
  1. Mississippi: $115.21
  2. Arkansas: $114.29
  3. South Dakota: $114.16
  4. Alabama: $114.03
  5. West Virginia: $113.12
  6. Kentucky: $112.23
  7. Missouri: $112.11
  8. Ohio: $111.61
  9. Oklahoma: $111.23
  10. Iowa: $110.74
  11. Nebraska and South Carolina: $110.50 (tie)
  12. Tennessee: $110.38
  13. Kansas: $110.13
  14. Louisiana: $109.65
  15. Indiana and North Dakota: $109.41 (tie)
  16. North Carolina: $109.05
  17. Georgia: $108.81
  18. Idaho: $107.76
  19. Wisconsin: $107.64
  20. Michigan: $106.16
  21. Montana: $105.93
  22. New Mexico: $105.26
  23. Wyoming: $104.38
  24. Texas: $103.41
  25. Arizona: $102.99
  26. Utah: $102.88
  27. Minnesota: $102.46
  28. Maine: $102.35
  29. Rhode Island: $101.94
  30. Nevada: $101.83
  31. Pennsylvania: $101.42
  32. Oregon: $101.32
  33. Florida: $101.21
  34. Vermont: $99.80
  35. Illinois: $99.01
  36. Delaware: $98.62
  37. Colorado: $97.85
  38. Virginia: $97.09
  39. Washington: $96.90
  40. New Hampshire: $94.93
  41. Alaska: $94.34
  42. Massachusetts: $93.20
  43. Connecticut: $92.17
  44. Maryland: $90.17
  45. California: $89.05
  46. New Jersey: $87.34
  47. New York: $86.73
  48. Hawaii: $86.06
  49. District of Columbia: $84.96


Bottom line: "Regional price differences are strikingly large; real purchasing power is 36 percent greater in Mississippi than it is in the District of Columbia," according to the Tax Foundation. "In other words: By this measure, if you have $50,000 in after-tax income in Mississippi, you would have to have after-tax earnings of $68,000 in the District of Columbia just to afford the same overall standard of living."

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