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U.S. Bureau of Economic Analysis published data on the real purchasing power of $100 in different U.S. states and metropolitan areas.
What is the Real Value of $100 in the U.S. States?
According to taxfoundation.org, Hawaii is a high-price U.S. state. There, $100 will buy you goods that would cost $84.39 in a state at the national average price level. To put it simply, residents of Hawaii, for day-to-day living, are around 16 percent poorer than their incomes suggest.
10 Most Expensive U.S. States in 2017 (Real Value of $100)
Hawaii – $84.39
D.C. – $85.54
New York – $86.36
California – $87.11
New Jersey – $88.57
Maryland – $91.41
Connecticut – $92.59
Massachusetts – $92.66
Washington – $94.98
New Hampshire – $94.52
10 Least Expensive U.S. States in 2017 (Real Value of $100)
Mississippi – $116.69
Arkansas – $115.61
Alabama – $115.34
West Virginia – $114.94
Kentucky – $113.77
South Dakota – $113.38
Ohio – $112.49
Oklahoma – $112.36
Missouri – $111.73
Nebraska – $111.61
What is the Real Value of $100 in U.S. Metropolitan Areas?
San Jose-Sunnyvale-Santa Clara is the most high-priced U.S. metropolitan area. There, $100 will buy you goods that would cost $76.39 in a metro area at the national average price level.
