GOBankingRates

The Real Value of $100 in Every State

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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.

Related:  States Where You’re Most and Least Likely To Live Paycheck to Paycheck
Learn More: 30 Greatest Threats to Your Retirement

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.

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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
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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

Find Out: How Much You Really Take Home From the Average Salary in Every State

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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
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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
DenisTangneyJr / Getty Images/iStockphoto

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

Look: Here’s How Much Americans Have in Savings in Every State

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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
©Shutterstock.com

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
DenisTangneyJr / Getty Images/iStockphoto

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
Jiri Kulisek / Shutterstock.com

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

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41. Connecticut

  • Real value of $100: $95
  • Median household income: $79,719
  • Typical home value: $329,721
  • Annual cost of living expenditures: $39,575
SeanPavonePhoto / Getty Images/iStockphoto

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
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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
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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

Houses: 28 House-Flipping Rules You Should Never Break

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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
DenisTangneyJr / iStock.com

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
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35. Florida

  • Real value of $100: $99
  • Median household income: $61,736
  • Typical home value: $311,356
  • Annual cost of living expenditures: $33,481
DenisTangneyJr / iStock.com

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
Sean Pavone / Shutterstock.com

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

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32. Minnesota

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

Learn: Insider Tips To Get Rich in Real Estate

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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
emiliomarin66 / Getty Images/iStockphoto

29. Pennsylvania

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

Don’t Miss: How Much You Need To Live Comfortably in 50 Major US Cities

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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
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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

Learn: How Long $100K in Retirement Will Last in Every State

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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

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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
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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
Peeter Viisimaa / iStock.com

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
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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
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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
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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
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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
DenisTangneyJr / iStock.com

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
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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
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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

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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
©Shutterstock.com

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
Davel5957 / iStock.com

12. Iowa

  • Real value of $100: $111
  • Median household income: $62,209
  • Typical home value: $169,253
  • Annual cost of living expenditures: $29,232
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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
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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
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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
SeanPavonePhoto / iStock.com

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
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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
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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
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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
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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
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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
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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
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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.