$100 Will Buy So Much More In Mississippi Than Hawaii: How Does Your State Compare?

There's no doubt in anybody's mind that buying a home in New York City means something very different than it does in rural West Virginia. But that cost disparity goes a lot deeper than some people think -- even as little as $100 means something very different depending on which state you're in.

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The Tax Foundation used data from the Bureau of Economic Analysis to compare the relative value of the dollar in each state. What they found is that there's a huge disparity -- $100 is least valuable in Washington, D.C., where it's only worth $84.96, and most valuable in Mississippi, where it's worth $115.21.

What that means is that if you walk into a grocery store with a $100 bill in Mississippi, you'll be able to buy a full $30 more of groceries than you would have in D.C. ... which is obviously a huge difference. 

 

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Budget finances