+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

This map shows what $100 is actually worth in your state

Jul 8, 2015, 22:36 IST

Money goes further in some states than others.

Advertisement

The Tax Foundation released a map, showing the relative value of $100 in every state compared with the national average using the data from the Bureau of Economic Analysis.

In expensive states like New York, you can afford comparatively less than average; while in less expensive states like Mississippi, you can buy relatively more.

"Regional price differences are strikingly large; real purchasing power is 36 percent greater in Mississippi than it is in the District of Columbia," writes 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."

Here's the map:

Advertisement

Tax Foundation

While the states with the largest relative value of $100 were:

  • Mississippi ($115.21)
  • Arkansas ($114.29)
  • South Dakota ($114.16)
  • Alabama ($114.03)
  • West Virginia ($113.12)

While the states with the smallest relative value of $100 were:

  • District of Columbia ($84.96)
  • Hawaii ($86.06)
  • New York ($86.73)
  • New Jersey ($87.34)
  • California ($89.05)

NOW WATCH: How much sex you should be having in a healthy relationship

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article