The actual value of $100 is the same in all 50 States, but when it comes to actual purchasing power, your mileage may vary depending on where you are.Your dollars go a lot further in some states than others.
The Tax Foundation released the latest iteration of its map showing the relative value of $100 in every state compared with the national average.In more expensive states like California, you can afford comparatively less than average. In less expensive states like Mississippi, you can buy relatively more.Let’s look at Ohio, which is a low-price state, as an example of what the numbers on the map mean.
$100 there will buy you goods and services that would be worth $112.11 at the national average price level, according to the report.