How much is $100 really worth 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.

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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.

Scenic view of Honolulu city and Waikiki Beach; Hawaii, USA.

50. Hawaii

Real value of $100: $86.80
Median household income: $88,005
Typical home value: $966,545
Annual cost of living expenditures: $70,267

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Los Angeles California skyline at sunset

49. California

Real value of $100: $88.20
Median household income: $84,097
Typical home value: $747,628
Annual cost of living expenditures: $51,463

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48. New York

Real value of $100: $90.50
Median household income: $75,157
Typical home value: $401,215
Annual cost of living expenditures: $48,825

Beach houses along the inlet in Point Pleasant Beach, New Jersey.

47. New Jersey

Real value of $100: $90.90
Median household income: $89,703
Typical home value: $466,251
Annual cost of living expenditures: $39,894

Sailboats on the Charles River with Boston’s Back Bay skyline in the background.

46. Washington

Real value of $100: $91.10
Median household income: $82,400
Typical home value: $585,856
Annual cost of living expenditures: $40,318

45. Massachusetts

Real value of $100: $93.40
Median household income: $89,026
Typical home value: $584,901
Annual cost of living expenditures: $55,941

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44. Maryland

Real value of $100: $93.80
Median household income: $91,431
Typical home value: $399,433
Annual cost of living expenditures: $43,848

The quaint village of Harrisville New Hampshire reflecting on a small pond in autumn.

43. Alaska

Real value of $100: $95.60
Median household income: $80,287
Typical home value: $354,937
Annual cost of living expenditures: $45,618

42. (tie) Colorado

Real value of $100: $97.00
Median household income: $80,184
Typical home value: $558,684
Annual cost of living expenditures: $36,759

View of buildings and the Connecticut State Capitol Building in Hartford, Connecticut.

41. (tie) Oregon

Real value of $100: $97.00
Median household income: $70,084
Typical home value: $498,120
Annual cost of living expenditures: $44,015

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40. Connecticut

Real value of $100: $97.40
Median household income: $83,572
Typical home value: $384,211
Annual cost of living expenditures: $40,652

A view looking down to the Willamette River

39. New Hampshire

Real value of $100: $97.50
Median household income: $83,449
Typical home value: $449,352
Annual cost of living expenditures: $39,361

Westminster, MAY 5: Building with snow mountain as background on MAY 5, 2017 at Westminster, Colorado.

38. Virginia

Real value of $100: $97.70
Median household income: $80,615
Typical home value: $366,186
Annual cost of living expenditures: $35,988

Lynchburg, Virginia, USA downtown skyline.

37. Rhode Island

Real value of $100: $97.90
Median household income: $74,489
Typical home value: $426,464
Annual cost of living expenditures: $39,057

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Pawtuxet Village is a section of the New England cities of Warwick and Cranston, Rhode Island.

36. (tie) Illinois

Real value of $100: $98.60
Median household income: $72,563
Typical home value: $244,772
Annual cost of living expenditures: $32,274

35. (tie) Florida

Real value of $100: $98.60
Median household income: $72,563
Typical home value: $244,772
Annual cost of living expenditures: $32,274

Wilmington is the largest city in the state of Delaware, United States and is located at the confluence of the Christina River and Brandywine Creek.

34. Vermont

Real value of $100: $101.30
Median household income: $67,674
Typical home value: $333,884
Annual cost of living expenditures: $42,053

33. Texas

Real value of $100: $101.50
Median household income: $67,321
Typical home value: $299,094
Annual cost of living expenditures: $31,690

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Downtown Minneapolis, Minnesota at night time as seen from the famous stone arch bridge.

32. Minnesota

Real value of $100: $101.60
Median household income: $77,706
Typical home value: $323,769
Annual cost of living expenditures: $33,430

31. Delaware

Real value of $100: $102.30
Median household income: $72,724
Typical home value: $358,962
Annual cost of living expenditures: $36,771

North View Las Vegas Mountain Range Mojave Desert Nevada, USA

30. (tie) Arizona

Real value of $100: $103.30
Median household income: $65,913
Typical home value: $422,689
Annual cost of living expenditures: $37,495

Aerial view of the Benjamin Franklin Parkway.

29. (tie) Maine

Real value of $100: $103.30
Median household income: $63,182
Typical home value: $355,439
Annual cost of living expenditures: $39,792

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28. Pennsylvania

Real value of $100: $103.60
Median household income: $67,587
Typical home value: $247,298
Annual cost of living expenditures: $33,965

27. Georgia

Real value of $100: $104.20
Median household income: $65,030
Typical home value: $311,237
Annual cost of living expenditures: $30,009

Phoenix, Arizona, FHA, insurance, real estate, homebuyers, foreclosure, single-family, home median price, mortgage, down payment

26. Nevada

Real value of $100: $104.50
Median household income: $65,686
Typical home value: $429,940
Annual cost of living expenditures: $37,503

Livingston, Montana, USA - May 25, 2013 : Historic centre of Livingston near Yellowstone National Park.

25. Utah

Real value of $100: $105.40
Median household income: $79,133
Typical home value: $523,236
Annual cost of living expenditures: $35,634

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24. Michigan

Real value of $100: $105.70
Median household income: $63,202
Typical home value: $218,690
Annual cost of living expenditures: $31,631

23. North Carolina

Real value of $100: $106.20
Median household income: $60,516
Typical home value: $314,946
Annual cost of living expenditures: $33,190

22. South Carolina

Real value of $100: $106.30
Median household income: $58,234
Typical home value: $277,816
Annual cost of living expenditures: $32,120

21. Wisconsin

Real value of $100: $106.70
Median household income: $67,080
Typical home value: $266,558
Annual cost of living expenditures: $33,546

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20. Indiana

Real value of $100: $107.30
Median household income: $61,944
Typical home value: $225,212
Annual cost of living expenditures: $31,045

Charlotte North Carolina daytime skyline

19. Ohio

Real value of $100: $107.50
Median household income: $61,938
Typical home value: $210,301
Annual cost of living expenditures: $30,961

18. Missouri

Real value of $100: $108.00
Median household income: $61,043
Typical home value: $230,265
Annual cost of living expenditures: $30,762

17. (tie) Nebraska

Real value of $100: $108.20
Median household income: $66,644
Typical home value: $247,303
Annual cost of living expenditures: $31,996

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Nashville Tennessee downtown skyline at Shelby Street Bridge.

16. (tie) Idaho

Real value of $100: $108.20
Median household income: $63,377
Typical home value: $444,321
Annual cost of living expenditures: $34,816

15. Montana

Real value of $100: $108.40
Median household income: $60,560
Typical home value: $437,276
Annual cost of living expenditures: $36,827

14. Wyoming

Real value of $100: $108.60
Median household income: $68,002
Typical home value: $325,043
Annual cost of living expenditures: $31,582

13. Louisiana

Real value of $100: $108.70
Median household income: $53,571
Typical home value: $185,548
Annual cost of living expenditures: $32,244

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Des Moines skyline view with Downtown Des Moines, elevated view.

12. Kansas

Real value of $100: $108.80
Median household income: $64,521
Typical home value: $211,737
Annual cost of living expenditures: $30,302

Pedestrians cross Kirkwood Avenue near Indiana University in Bloomington, Indiana, April 12, 2017.

11. North Dakota

Real value of $100: $108.90
Median household income: $68,131
Typical home value: $247,713
Annual cost of living expenditures: $34,362

10. Tennessee

Real value of $100: $109.10
Median household income: $58,516
Typical home value: $295,026
Annual cost of living expenditures: $30,730

9. West Virginia

Real value of $100: $109.20
Median household income: $50,884
Typical home value: $150,672
Annual cost of living expenditures: $31,107

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New Orleans, Louisiana at Jackson Square.

8. Oklahoma

Real value of $100: $109.70
Median household income: $56,956
Typical home value: $193,251
Annual cost of living expenditures: $29,279

"Deadwood, South Dakota, USA - September 14, 2011: View on Upper Main Street in South Dakota.

7. South Dakota

Real value of $100: $109.90
Median household income: $63,920
Typical home value: $287,737
Annual cost of living expenditures: $32,912

6. New Mexico

Real value of $100: $110.10
Median household income: $54,020
Typical home value: $282,904
Annual cost of living expenditures: $32,735

"Tulsa downtown skyline from a park with trees, grass, rocks, and a stream in the foreground.

5. Iowa

Real value of $100: $110.40
Median household income: $65,429
Typical home value: $204,538
Annual cost of living expenditures: $30,499

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4. Arkansas

Real value of $100: $110.60
Median household income: $52,123
Typical home value: $177,660
Annual cost of living expenditures: $29,992

Birmingham, Alabama, USA downtown city skyline.

3. Kentucky

Real value of $100: $110.90
Median household income: $55,454
Typical home value: $192,081
Annual cost of living expenditures: $30,988

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Downtown Little Rock skyline with the Arkansas River in the foreground.

2. Alabama

Real value of $100: $111.90
Median household income: $54,943
Typical home value: $205,597
Annual cost of living expenditures: $29,543

1. Mississippi

Real value of $100: $113.40
Median household income: $49,111
Typical home value: $164,965
Annual cost of living expenditures: $29,005

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 2021 Regional Price Parities release. GOBankingRates ranked the states from where $100 is worth the least to the most and provided supplemental factors such as median household income as sourced from the 2021 American Community Survey, annual cost-of-living expenditures as sourced from the Bureau of Labor Statistics: 2021 Consumer Expenditures and typical home value for a single-family residence as sourced from Zillow. All data was collected on and up to date as of June 1, 2023.

This article originally appeared on GOBankingRates.com: The Real Value of $100 in Every State