It is no surprise that some states are more expensive than other states. We see this especially in real estate as well as other cost of living measures. If you dig a bit deeper and do some math you can see just how much a dollar can vary in different parts of the country.
“Your dollars go further in some states than others.
The Tax Foundation released a map showing the relative value of $100 in every state compared with the national average using the data from theBureau of Economic Analysis.
In expensive states like New York, you can afford comparatively less than average; in less expensive states like Mississippi, you can buy relatively more.
‘Regional price differences are strikingly large; real purchasing power is 36 percent greater in Mississippi than it is in the District of Columbia,’ the Tax Foundation wrote…”
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