How much is $100 worth in your state? You may be surprised if you live in a Democrat controlled state!

Posted by moku 2018 years ago in News
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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 using data from the Bureau of Economic Analysis.

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.

"You could think of this as meaning that Ohioans are, for the purposes of day-to-day living, 12% richer than their incomes suggest," the Tax Foundation's Amir El-Sibaie said.

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