The Real Value of $100 in Every State

It’s no secret that a $100 bill can be stretched much further in some states than others. Most people know you’ll get a lot more for your money in Mississippi than in Hawaii, but you might not realize just how much of a divide there can be between different states.

To determine how far $100 will go in every state, GOBankingRates compiled data from the U.S. Bureau of Economic Affairs and also analyzed supplemental factors such as median household income, typical home values and annual cost-of-living expenditures to provide deeper insights into why $100 is worth more in some states than others.

This data is important because it can greatly impact your quality of life. You might be able to live comfortably in one state on a certain salary, but struggle to make ends meet with the same paycheck in another. For example, the median household income in Florida, Michigan and South Dakota is relatively similar. However, your dollar buys a lot more in Michigan than in Florida — and even more in South Dakota.

If you’re thinking about making a move, this information can help you choose a state that fits your budget. Financial health is a huge part of enjoying a happy, balanced lifestyle. Settling down in a state where you can realistically meet your financial goals sets you up for success. If you’re tired of living paycheck to paycheck, click through to learn which states allow you to get more for your dollar.

50. Hawaii

Real value of $100: $80.70
Median household income: $86,391
Typical home value: $834,608
Annual cost of living expenditures: $67,162

49. California

Real value of $100: $83.60
Median household income: $83,056
Typical home value: $683,536
Annual cost of living expenditures: $52,212

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48. New York

Real value of $100: $83.70
Median household income: $73,398
Typical home value: $322,097
Annual cost of living expenditures: $50,407

47. New Jersey

Real value of $100: $84
Median household income: $87,016
Typical home value: $413,017
Annual cost of living expenditures: $39,555

46. Massachusetts

Real value of $100: $89.60
Median household income: $87,328
Typical home value: $522,769
Annual cost of living expenditures: $45,750

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45. Washington

Real value of $100: $91.60
Median household income: $80,408
Typical home value: $522,601
Annual cost of living expenditures: $37,715

44. Maryland

Real value of $100: $92.30
Median household income: $88,742
Typical home value: $371,330
Annual cost of living expenditures: $41,034

43. New Hampshire

Real value of $100: $93.50
Median household income: $80,972
Typical home value: $376,603
Annual cost of living expenditures: $35,667

42. Alaska

Real value of $100: $94.90
Median household income: $80,197
Typical home value: $318,319
Annual cost of living expenditures: $43,582

41. Connecticut

Real value of $100: $95
Median household income: $79,719
Typical home value: $329,721
Annual cost of living expenditures: $39,575

40. Vermont

Real value of $100: $96.90
Median household income: $67,428
Typical home value: $305,486
Annual cost of living expenditures: $38,794

39. Oregon

Real value of $100: $97.80
Median household income: $67,927
Typical home value: $451,234
Annual cost of living expenditures: $43,915

38. Colorado

Real value of $100: $98.10
Median household income: $77,673
Typical home value: $494,242
Annual cost of living expenditures: $34,785

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37. Virginia

Real value of $100: $98.70
Median household income: $79,217
Typical home value: $332,519
Annual cost of living expenditures: $32,154

36. Rhode Island

Real value of $100: $98.70
Median household income: $75,682
Typical home value: $374,405
Annual cost of living expenditures: $37,586

35. Florida

Real value of $100: $99
Median household income: $61,736
Typical home value: $311,356
Annual cost of living expenditures: $33,481

34. Delaware

Real value of $100: $100.60
Median household income: $70,911
Typical home value: $302,936
Annual cost of living expenditures: $34,463

33. Maine

Real value of $100: $100.70
Median household income: $58,782
Typical home value: $299,617
Annual cost of living expenditures: $37,586

32. Minnesota

Real value of $100: $102
Median household income: $75,523
Typical home value: $299,688
Annual cost of living expenditures: $31,595

31. Illinois

Real value of $100: $102.60
Median household income: $71,240
Typical home value: $232,999
Annual cost of living expenditures: $29,465

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30. Nevada

Real value of $100: $102.60
Median household income: $64,574
Typical home value: $379,102
Annual cost of living expenditures: $35,468

29. Pennsylvania

Real value of $100: $103
Median household income: $64,910
Typical home value: $233,926
Annual cost of living expenditures: $32,789

28. Texas

Real value of $100: $103.50
Median household income: $66,031
Typical home value: $247,280
Annual cost of living expenditures: $29,932

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27. Utah

Real value of $100: $103.50
Median household income: $77,827
Typical home value: $466,154
Annual cost of living expenditures: $32,966

26. Arizona

Real value of $100: $103.70
Median household income: $64,777
Typical home value: $358,832
Annual cost of living expenditures: $35,273

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25. Montana

Real value of $100: $106.50
Median household income: $57,211
Typical home value: $356,826
Annual cost of living expenditures: $32,954

24. Georgia

Real value of $100: $106.80
Median household income: $62,844
Typical home value: $247,559
Annual cost of living expenditures: $28,529

23. Wyoming

Real value of $100: $107.20
Median household income: $66,432
Typical home value: $278,510
Annual cost of living expenditures: $29,472

22. Michigan

Real value of $100: $107.70
Median household income: $61,497
Typical home value: $203,634
Annual cost of living expenditures: $29,689

21. Idaho

Real value of $100: $107.80
Median household income: $62,774
Typical home value: $405,597
Annual cost of living expenditures: $31,945

20. Wisconsin

Real value of $100: $108.10
Median household income: $64,868
Typical home value: $232,111
Annual cost of living expenditures: $31,593

19. North Carolina

Real value of $100: $108.30
Median household income: $59,580
Typical home value: $251,328
Annual cost of living expenditures: $31,510

18. South Carolina

Real value of $100: $108.50
Median household income: $56,973
Typical home value: $231,262
Annual cost of living expenditures: $30,320

17. New Mexico

Real value of $100: $108.90
Median household income: $52,059
Typical home value: $245,025
Annual cost of living expenditures: $29,673

16. Tennessee

Real value of $100: $110.30
Median household income: $56,951
Typical home value: $232,118
Annual cost of living expenditures: $28,727

15. Nebraska

Real value of $100: $110.50
Median household income: $64,591
Typical home value: $207,994
Annual cost of living expenditures: $30,539

14. North Dakota

Real value of $100: $110.70
Median household income: $61,987
Typical home value: $254,860
Annual cost of living expenditures: $32,843

13. Kansas

Real value of $100: $110.80
Median household income: $63,321
Typical home value: $180,380
Annual cost of living expenditures: $28,776

12. Iowa

Real value of $100: $111
Median household income: $62,209
Typical home value: $169,253
Annual cost of living expenditures: $29,232

11. Indiana

Real value of $100: $111.30
Median household income: $60,813
Typical home value: $186,615
Annual cost of living expenditures: $29,410

10. Missouri

Real value of $100: $111.30
Median household income: $58,838
Typical home value: $196,530
Annual cost of living expenditures: $29,668

9. Ohio

Real value of $100: $111.60
Median household income: $60,338
Typical home value: $182,554
Annual cost of living expenditures: $29,526

8. Louisiana

Real value of $100: $112.10
Median household income: $51,730
Typical home value: $190,262
Annual cost of living expenditures: $30,108

7. South Dakota

Real value of $100: $112.20
Median household income: $60,643
Typical home value: $248,324
Annual cost of living expenditures: $31,888

6. Kentucky

Real value of $100: $112.60
Median household income: $54,191
Typical home value: $170,159
Annual cost of living expenditures: $29,189

5. Oklahoma

Real value of $100: $112.80
Median household income: $54,536
Typical home value: $152,269
Annual cost of living expenditures: $28,599

4. West Virginia

Real value of $100: $112.90
Median household income: $49,400
Typical home value: $117,641
Annual cost of living expenditures: $28,145

3. Alabama

Real value of $100: $114.20
Median household income: $53,956
Typical home value: $169,990
Annual cost of living expenditures: $28,057

2. Arkansas

Real value of $100: $115.30
Median household income: $51,183
Typical home value: $150,606
Annual cost of living expenditures: $28,517

1. Mississippi

Real value of $100: $115.60
Median household income: $47,247
Typical home value: $142,431
Annual cost of living expenditures: $27,158

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Jami Farkas and Grace Lin contributed to the reporting for this article.

Methodology: To determine how far $100 will go in every state, GOBankingRates compiled data from the U.S. Bureau of Economic Affairs 2019 Regional Price Parities release. GOBankingRates ranked the states where $100 is worth the most and least and provided supplemental factors, such as median household income as sourced from the 2020 American Community Survey, annual cost-of-living expenditures as sourced from the Bureau of Labor Statistics: 2020 Consumer Expenditure, and typical home value for a single-family residence as sourced from Zillow. All data was collected on and up to date as of Nov. 30, 2021.