Tuesday, July 14, 2015

The real value of $100 by State

The Tax Foundation has compiled a list of the buying power of $100 in each state.  The map is at this link.

The states where $100 is worth the most are Mississippi ($115.21) Arkansas ($114.29) South Dakota ($114.16) Alabama ($114.03) and West Virginia ($113.12). In contrast, $100 is effectively worth the least in the District of Columbia ($84.96) Hawaii ($86.06) New York ($86.73) New Jersey ($87.34) and California ($89.05.)

It's interesting to look at the averages for red and blue states, using the table from a few days ago.
Averaged over red states, the buying power of $100 is $108.76, and averaged over the blue states its $97.82.

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