It is no secret {that a} $100 invoice may be stretched a lot additional in some states than others. Most individuals know you will get much more in your cash in Mississippi than in Hawaii, however you won’t understand simply how a lot of a divide there may be between totally different states.

To find out how far $100 will go in each state, GOBankingRates compiled information from the U.S. Bureau of Financial Affairs and likewise analyzed supplemental elements akin to median family revenue, typical house values and annual cost-of-living expenditures to supply deeper insights into why $100 is value extra in some states than others.

Associated: States The place You are Most and Least Doubtless To Dwell Paycheck to Paycheck
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This information is vital as a result of it could possibly enormously influence your high quality of life. You would possibly be capable of reside comfortably in a single state on a sure wage, however wrestle to make ends meet with the identical paycheck in one other. For instance, the median family revenue in Florida, Michigan and South Dakota is comparatively related. Nevertheless, your greenback buys much more in Michigan than in Florida — and much more in South Dakota.

Issues To Know: The Economic system and Your Cash: All You Want To Know

For those who’re serious about making a transfer, this info can assist you select a state that matches your finances. Monetary well being is a big a part of having fun with a cheerful, balanced life-style. Settling down in a state the place you may realistically meet your monetary targets units you up for fulfillment. For those who’re uninterested in dwelling paycheck to paycheck, click on via to be taught which states help you get extra in your greenback.

50. Hawaii

• Actual worth of $100: $80.70

• Median family revenue: $86,391

• Typical house worth: $834,608

• Annual price of dwelling expenditures: $67,162

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49. California

• Actual worth of $100: $83.60

• Median family revenue: $83,056

• Typical house worth: $683,536

• Annual price of dwelling expenditures: $52,212

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48. New York

• Actual worth of $100: $83.70

• Median family revenue: $73,398

• Typical house worth: $322,097

• Annual price of dwelling expenditures: $50,407

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47. New Jersey

• Actual worth of $100: $84

• Median family revenue: $87,016

• Typical house worth: $413,017

• Annual price of dwelling expenditures: $39,555

46. Massachusetts

• Actual worth of $100: $89.60

• Median family revenue: $87,328

• Typical house worth: $522,769

• Annual price of dwelling expenditures: $45,750

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45. Washington

• Actual worth of $100: $91.60

• Median family revenue: $80,408

• Typical house worth: $522,601

• Annual price of dwelling expenditures: $37,715

44. Maryland

• Actual worth of $100: $92.30

• Median family revenue: $88,742

• Typical house worth: $371,330

• Annual price of dwelling expenditures: $41,034

43. New Hampshire

• Actual worth of $100: $93.50

• Median family revenue: $80,972

• Typical house worth: $376,603

• Annual price of dwelling expenditures: $35,667

42. Alaska

• Actual worth of $100: $94.90

• Median family revenue: $80,197

• Typical house worth: $318,319

• Annual price of dwelling expenditures: $43,582

41. Connecticut

• Actual worth of $100: $95

• Median family revenue: $79,719

• Typical house worth: $329,721

• Annual price of dwelling expenditures: $39,575

40. Vermont

• Actual worth of $100: $96.90

• Median family revenue: $67,428

• Typical house worth: $305,486

• Annual price of dwelling expenditures: $38,794

39. Oregon

• Actual worth of $100: $97.80

• Median family revenue: $67,927

• Typical house worth: $451,234

• Annual price of dwelling expenditures: $43,915

38. Colorado

• Actual worth of $100: $98.10

• Median family revenue: $77,673

• Typical house worth: $494,242

• Annual price of dwelling expenditures: $34,785

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37. Virginia

• Actual worth of $100: $98.70

• Median family revenue: $79,217

• Typical house worth: $332,519

• Annual price of dwelling expenditures: $32,154

36. Rhode Island

• Actual worth of $100: $98.70

• Median family revenue: $75,682

• Typical house worth: $374,405

• Annual price of dwelling expenditures: $37,586

35. Florida

• Actual worth of $100: $99

• Median family revenue: $61,736

• Typical house worth: $311,356

• Annual price of dwelling expenditures: $33,481

34. Delaware

• Actual worth of $100: $100.60

• Median family revenue: $70,911

• Typical house worth: $302,936

• Annual price of dwelling expenditures: $34,463

33. Maine

• Actual worth of $100: $100.70

• Median family revenue: $58,782

• Typical house worth: $299,617

• Annual price of dwelling expenditures: $37,586

32. Minnesota

• Actual worth of $100: $102

• Median family revenue: $75,523

• Typical house worth: $299,688

• Annual price of dwelling expenditures: $31,595

31. Illinois

• Actual worth of $100: $102.60

• Median family revenue: $71,240

• Typical house worth: $232,999

• Annual price of dwelling expenditures: $29,465

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30. Nevada

• Actual worth of $100: $102.60

• Median family revenue: $64,574

• Typical house worth: $379,102

• Annual price of dwelling expenditures: $35,468

29. Pennsylvania

• Actual worth of $100: $103

• Median family revenue: $64,910

• Typical house worth: $233,926

• Annual price of dwelling expenditures: $32,789

28. Texas

• Actual worth of $100: $103.50

• Median family revenue: $66,031

• Typical house worth: $247,280

• Annual price of dwelling expenditures: $29,932

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27. Utah

• Actual worth of $100: $103.50

• Median family revenue: $77,827

• Typical house worth: $466,154

• Annual price of dwelling expenditures: $32,966

26. Arizona

• Actual worth of $100: $103.70

• Median family revenue: $64,777

• Typical house worth: $358,832

• Annual price of dwelling expenditures: $35,273

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25. Montana

• Actual worth of $100: $106.50

• Median family revenue: $57,211

• Typical house worth: $356,826

• Annual price of dwelling expenditures: $32,954

24. Georgia

• Actual worth of $100: $106.80

• Median family revenue: $62,844

• Typical house worth: $247,559

• Annual price of dwelling expenditures: $28,529

23. Wyoming

• Actual worth of $100: $107.20

• Median family revenue: $66,432

• Typical house worth: $278,510

• Annual price of dwelling expenditures: $29,472

22. Michigan

• Actual worth of $100: $107.70

• Median family revenue: $61,497

• Typical house worth: $203,634

• Annual price of dwelling expenditures: $29,689

21. Idaho

• Actual worth of $100: $107.80

• Median family revenue: $62,774

• Typical house worth: $405,597

• Annual price of dwelling expenditures: $31,945

20. Wisconsin

• Actual worth of $100: $108.10

• Median family revenue: $64,868

• Typical house worth: $232,111

• Annual price of dwelling expenditures: $31,593

19. North Carolina

• Actual worth of $100: $108.30

• Median family revenue: $59,580

• Typical house worth: $251,328

• Annual price of dwelling expenditures: $31,510

18. South Carolina

• Actual worth of $100: $108.50

• Median family revenue: $56,973

• Typical house worth: $231,262

• Annual price of dwelling expenditures: $30,320

17. New Mexico

• Actual worth of $100: $108.90

• Median family revenue: $52,059

• Typical house worth: $245,025

• Annual price of dwelling expenditures: $29,673

16. Tennessee

• Actual worth of $100: $110.30

• Median family revenue: $56,951

• Typical house worth: $232,118

• Annual price of dwelling expenditures: $28,727

15. Nebraska

• Actual worth of $100: $110.50

• Median family revenue: $64,591

• Typical house worth: $207,994

• Annual price of dwelling expenditures: $30,539

14. North Dakota

• Actual worth of $100: $110.70

• Median family revenue: $61,987

• Typical house worth: $254,860

• Annual price of dwelling expenditures: $32,843

13. Kansas

• Actual worth of $100: $110.80

• Median family revenue: $63,321

• Typical house worth: $180,380

• Annual price of dwelling expenditures: $28,776

12. Iowa

• Actual worth of $100: $111

• Median family revenue: $62,209

• Typical house worth: $169,253

• Annual price of dwelling expenditures: $29,232

11. Indiana

• Actual worth of $100: $111.30

• Median family revenue: $60,813

• Typical house worth: $186,615

• Annual price of dwelling expenditures: $29,410

10. Missouri

• Actual worth of $100: $111.30

• Median family revenue: $58,838

• Typical house worth: $196,530

• Annual price of dwelling expenditures: $29,668

9. Ohio

• Actual worth of $100: $111.60

• Median family revenue: $60,338

• Typical house worth: $182,554

• Annual price of dwelling expenditures: $29,526

8. Louisiana

• Actual worth of $100: $112.10

• Median family revenue: $51,730

• Typical house worth: $190,262

• Annual price of dwelling expenditures: $30,108

7. South Dakota

• Actual worth of $100: $112.20

• Median family revenue: $60,643

• Typical house worth: $248,324

• Annual price of dwelling expenditures: $31,888

6. Kentucky

• Actual worth of $100: $112.60

• Median family revenue: $54,191

• Typical house worth: $170,159

• Annual price of dwelling expenditures: $29,189

5. Oklahoma

• Actual worth of $100: $112.80

• Median family revenue: $54,536

• Typical house worth: $152,269

• Annual price of dwelling expenditures: $28,599

4. West Virginia

• Actual worth of $100: $112.90

• Median family revenue: $49,400

• Typical house worth: $117,641

• Annual price of dwelling expenditures: $28,145

3. Alabama

• Actual worth of $100: $114.20

• Median family revenue: $53,956

• Typical house worth: $169,990

• Annual price of dwelling expenditures: $28,057

2. Arkansas

• Actual worth of $100: $115.30

• Median family revenue: $51,183

• Typical house worth: $150,606

• Annual price of dwelling expenditures: $28,517

1. Mississippi

• Actual worth of $100: $115.60

• Median family revenue: $47,247

• Typical house worth: $142,431

• Annual price of dwelling expenditures: $27,158

Extra From GOBankingRates

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

Methodology: To find out how far $100 will go in each state, GOBankingRates compiled information from the U.S. Bureau of Financial Affairs 2019 Regional Value Parities launch. GOBankingRates ranked the states the place $100 is value probably the most and least and offered supplemental elements, akin to median family revenue as sourced from the 2020 American Neighborhood Survey, annual cost-of-living expenditures as sourced from the Bureau of Labor Statistics: 2020 Client Expenditure, and typical house worth for a single-family residence as sourced from Zillow. All information was collected on and updated as of Nov. 30, 2021.

This text initially appeared on GOBankingRates.com: The Actual Worth of $100 in Each State