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Tipsheet

Report: Where Do You Get the Most Bang for Your Buck?

Report: Where Do You Get the Most Bang for Your Buck?

How much is $100 dollars worth? The answer to this varies greatly depending upon where you live. For example, $100 is worth 40 percent more in Mississippi than it is in the District of Columbia based on the value of available goods. 

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The Tax Foundation compiled data this week from the Bureau of Economic Analysis to find out "which states offer the biggest bang for your buck." 

According to the chart, $100 is worth the most in Mississippi ($115.74), Arkansas ($114.16), Missouri ($113.51), Alabama (113.51), and South Dakota ($113.38). In other words, Mississippi residents are about 15 percent richer than their "nominal incomes suggest." 

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