The value of 1 dollar in each state

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quote:

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In the U.S., apparently not every dollar Opens a New Window. is equal. The value of $1 varies depending on where you go. According to new data Opens a New Window. compiled by 24/7 Wall Street from the Bureau of Economic Analysis (BEA), a dollar goes the furthest in America's "poorest states," such as Mississippi and Alabama. Overall, purchasing power is nearly 35 percent greater in The Magnolia State compared to New York, Forbes reported Opens a New Window. last year, citing 2016 findings from the BEA. In New York, $100 is worth only about $86.51, while $100 in Mississippi is valued at $115.74, the publication stated.

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Mississippi: $1.16

Alabama: $1.15

Arkansas: $1.15

West Virginia: $1.14

Kentucky: $1.14

South Dakota: $1.13

Oklahoma: $1.12

Ohio: $1.12

Missouri: $1.12

Iowa: $1.11

Tennessee: $1.11

Indiana: $1.11

South Carolina: $1.11

Louisiana: $1.11

Kansas: $1.10

Nebraska: $1.10

North Caroline: $1.10

North Dakota: $1.09

Georgia: $1.09

Wisconsin: $1.08

Idaho: $1.08

Michigan: $1.07

New Mexico: $1.07

Montana: $1.06

Arizona: $1.04

Minnesota: $1.03

Wyoming: $1.03

Texas: $1.03

Utah: $1.03

Nevada: $1.03

Maine: $1.02

Pennsylvania: $1.02

Illinois: $1.01

Rhode Island: $1.00

Florida: $1.00

Oregon: $1.00

Delaware: $1.00

Vermont: $0.98

Virginia: $0.98

Colorado: $0.97

Alaska: $0.95

Washington: $0.95

New Hampshire: $0.94

Massachusetts: $0.93

Connecticut: $0.92

Maryland: $0.91

New Jersey: $0.88

California: $0.87

New York: $0.87

Hawaii: $0.84


No big surprises here really, but interesting how far your dollar goes depending upon where you live, and although I d say your dollar goes further in Mississippi for instance, the fact there not as many dollars to go around has a lot to do with the quality of life, or lack thereof .