How Much Your $100 USD Is Worth in All 50 States
It’s all relative.
According to recent data from the Bureau of Economic Analysis, your $100 USD bill may be worth more in another state. The price of goods vary among the United States, and according to their research, you might want to move to Arkansas or Mississippi. There are various factors that influence this trend, for example “in place with higher incomes, the prices of finite resources like land get bid up,” says Tax Foundation’s Alan Cole and Scott Drenkard, “but the causation also runs in the opposite direction. Places with high costs of living pay higher salaries for the same jobs.” The most interest thing about this data is the difference between the cheaper and more expensive states, which translates to differences in purchasing power. Head over to attn.com for the full report.
