It’s no surprise that the value of the U.S. dollar has more and less value, depending on the city and state. Understanding what $100 is truly worth in each state can help you budget for out-of-state trips and play a factor in determining where to move to if relocating is in your plans.
Prices differ for various products and services across state lines. Coffee may cost more in Seattle than in Des Moines, but does that mean everything is more expensive in the state of Washington?
Bountii’s data shows how each state ranks when it comes to how much $100 is worth. Knowing your state’s value could make you think twice about which state you call home.
Each Dollar Counts
The state-by-state $100 value breakdown compiled by Bountii looks at data from the Bureau of Economic Analysis. They measure how much someone can buy for $100 in each state. For example, in Washington, $3.92 is the average price for a cup of coffee, which is the most expensive in the U.S.
In this list, the state recognized as one of the best destinations to visit falls behind all other states when it comes to the value of the dollar. In contrast, you just might want to pack your bags and move to the state where you get the most bang for your $100 bucks.
Below is the value of the dollar in each state, ranked from the highest value to the lowest value.
1: Mississippi
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Value of $100 in Mississippi: $116.01
2: Alabama
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Value of $100 in Alabama: $115.21
3: Arkansas
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Value of $100 in Arkansas: $114.43
4: South Dakota
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Value of $100 in South Dakota: $113.38
5: Kentucky
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Value of $100 in Kentucky: $112.87
6: West Virginia
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Value of $100 in West Virginia: $112.49
7: Ohio
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Value of $100 in Ohio: $112.11
8: Missouri
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Value of $100 in Missouri: $111.98
9 & 10: Tennessee and Oklahoma
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Value of $100 in Tennessee and Oklahoma: $111.23
11 & 12: Iowa and South Carolina
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Value of $100 in Iowa and South Carolina: $110.74
13: Kansas
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Value of $100 in Kansas: $110.62
14 & 15: Louisiana and Nebraska
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Value of $100 in Louisiana and Nebraska: $110.38
16: Indiana
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Value of $100 in Indiana: $110.25
17: North Carolina
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Value of $100 in North Carolina: $109.65
18: North Dakota
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Value of $100 in North Dakota: $108.34
19: Georgia
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Value of $100 in Georgia: $107.99
20: Wisconsin
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Value of $100 in Wisconsin: $107.41
21: Idaho
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Value of $100 in Idaho: $107.07
22: Michigan
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Value of $100 in Michigan: $106.95
23: New Mexico
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Value of $100 in New Mexico: $105.93
24: Montana
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Value of $100 in Montana: $105.49
25 & 26: Wyoming and Arizona
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Value of $100 in Wyoming and Arizona: $103.95
27: Texas
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Value of $100 in Texas: $103.31
28: Utah
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Value of $100 in Utah: $103.09
29: Minnesota
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Value of $100 in Minnesota: $102.67
30: Pennsylvania
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Value of $100 in Pennsylvania: $102.15
31 & 32: Maine & Nevada
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Value of $100 in Maine: $102.04
33: Rhode Island
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Value of $100 in Rhode Island: $101.32
34: Oregon
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Value of $100 in Oregon: $100.81
35: Florida
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Value of $100 in Florida: $100.50
36: Illinois
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Value of $100 in Illinois: $100.30
37: Delaware
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Value of $100 in Delaware: $99.60
38: Vermont
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Value of $100 in Vermont: $98.43
39: Virginia
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Value of $100 in Virginia: $97.56
40: Colorado
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Value of $100 in Colorado: $95.90
41: Washington
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Value of $100 in Washington: $95.42
42: New Hampshire
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Value of $100 in New Hampshire: $95.24
43: Alaska
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Value of $100 in Alaska: $94.70
44: Massachusetts
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Value of $100 in Massachusetts: $93.55
45: Connecticut
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Value of $100 in Connecticut: $92.00
46: Maryland
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Value of $100 in Maryland: $91.24
47 & 48: California & New Jersey
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Value of $100 in California & New Jersey: $88.18
49: New York
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Value of $100 in New York: $86.70
50: Hawaii
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Value of $100 in Hawaii: $84.18
Stretching the Dollar Farthest
Interestingly, the second and third states on the list, Alabama and Arkansas, share a border with Mississippi, which ranked as the state where $100 has the most value.
Louisiana and Georgia are also southern states that made the top 15. However, not all Southern states ranked as highly.
Which States Come Last
With a $100 bill worth a measly $84.18, residents in Hawaii have it tough financially. However, Hawaiians are rich in other respects. The Aloha State ranks first in the nation for its healthcare, with Mississippi landing at the bottom of that list.
Meanwhile, New York is the second-worst state for how far $100 stretches. The Empire State ranks highest in the nation in rent cost, which certainly doesn’t help the situation.
The Rising Dollar Nationwide
With the dollar’s value varying by state, what do reports say about the overall value of the dollar? Could the value of a rising dollar improve the value of $100 in states ranked lowest on this list?
Despite a lot of uncertainty, some experts say the U.S. dollar will continue to show strength. That’s good news for the 14 states that fall below Illinois, which is the state with the closest value to $100 ($100.30).
10 US Cities Where $100,000 Stretches the Furthest
$100,000 in annual income may sound like a lot to many Americans. But depending on where you live, that might as well be chump change. These are the cities where you can make the most of $100k.
9 Times in History When Gas Prices Spiked to Crazy High Levels
The frustration you feel when pulling up to the pump and seeing a higher price is nothing new. Gas prices have had peaks and valleys since World War II, and they’ve disrupted Americans’ lives many times.
Marcelo Pico is a writer, podcaster, and founder of TalkFilmSociety.com. He spends his free time watching movies, collecting records, and hanging out with his cat Jiji in Austin, TX. His favorite drink is a club soda with lime.
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