Source: Tax Foundation *** 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.)
Regional price differences are strikingly large; real purchasing power is 36 percent greater in Mississippi than it is in the District of Columbia. In other words: by this measure, if you have $50,000 in after tax income in Mississippi, you would have to have after-tax earnings of $68,000 in the District of Columbia just to afford the same overall standard of living.
Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Thursday, July 9, 2015
Relative Value Of $100 In The Fifty States: Map
Posted By Milton Recht
From Tax Foundation, "The Real Value of $100 in Each State" by Alan Cole and Scott Drenkard:
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