What Is $100 Worth In Oklahoma?
You're holding in your hand a crisp, new $100 bill. If you want to get the most for your money, spend 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:
- Mississippi: $115.21
- Arkansas: $114.29
- South Dakota: $114.16
- Alabama: $114.03
- West Virginia: $113.12
- Kentucky: $112.23
- Missouri: $112.11
- Ohio: $111.61
- Oklahoma: $111.23
- Iowa: $110.74
- Nebraska: $110.50
- South Carolina: $110.50
- Tennessee: $110.38
- Kansas: $110.13
- Louisiana: $109.65
- Indiana: $109.41
- North Dakota: $109.41
- North Carolina: $109.05
- Georgia: $108.81
- Idaho: $107.76
- Wisconsin: $107.64
- Michigan: $106.16
- Montana: $105.93
- New Mexico: $105.26
- Wyoming: $104.38
- Texas: $103.41
- Arizona: $102.99
- Utah: $102.88
- Minnesota: $102.46
- Maine: $102.35
- Rhode Island: $101.94
- Nevada: $101.83
- Pennsylvania: $101.42
- Oregon: $101.32
- Florida: $101.21
- Vermont: $99.80
- Illinois: $99.01
- Delaware: $98.62
- Colorado: $97.85
- Virginia: $97.09
- Washington: $96.90
- New Hampshire: $94.93
- Alaska: $94.34
- Massachusetts: $93.20
- Connecticut: $92.17
- Maryland: $90.17
- California: $89.05
- New Jersey: $87.34
- New York: $86.73
- Hawaii: $86.06
- 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."