This Is What $100 Is Really Worth In Each State (Map)

| by Khier Casino

A non-profit organization released a map Monday revealing that $100 is not “worth” the same amount in each state.

The Tax Foundation created the map below after using data from the Bureau of Economic Analysis. Because average prices for similar goods are higher in coastal states than, say, in Mississippi or South Dakota, the same amount of dollars will buy a consumer comparatively less in the high-price states and comparatively more in low-price states, according to the non-profit research organization.

For instance, $100 in Mississippi will buy what would cost $115.74 in another state where prices are closer to the national average.

In another example, an annual salary of $53,046 has the same purchasing power in Hawaii as a salary of $39,106 in Mississippi, the Washington Post reports.

The states where $100 is worth the least are New York, Hawaii and Washington, D.C. In California, $100 is only worth $88.57.

“The same amount of dollars are worth almost 40 percent more in Mississippi than in D.C., and the differences become even larger if metro area prices are considered instead of statewide averages,” Tax Foundation wrote in a blog post. “A person who makes $40,000 a year after tax in Kentucky would need to have after-tax earnings of $53,000 in Washington, D.C. just in order to have an equal standard of living, let alone feel richer.”

Sources: Huffington PostTax FoundationWashington Post