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The Real Value of $100 in Every State

Kativ / Getty Images
Kativ / Getty Images

While $100 may seem like it spends the same anywhere you go, that’s not the case. That same amount of money goes much further in some states than others. Most people know you’ll get a lot more for your money in Arkansas than in California, but you might not realize just how much of a divide there can be between different states.

Read Next: How Far a $100,000 Salary Goes in America’s 50 Largest Cities
For You: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy

To determine how far $100 will go in every state, GOBankingRates compiled data from the U.S. Bureau of Economic Affairs, the Bureau of Labor Statistics and Zillow to provide deeper insights into why $100 is worth more in some states than others.

This data can greatly impact your quality of life and help you consider where you might like to settle. 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 Kansas, Michigan and South Dakota is relatively similar. However, your dollar buys a lot more in Michigan than in Florida.

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. Here’s a look at the practical value of $100 in every state.

@iStock / iStock.com
@iStock / iStock.com

California

  • Real value of $100: $87.50

  • Median household income: $91,905

  • Typical home value: $769,579

  • Annual cost of living expenditures: $57,195

Check Out: A $150K Income Is ‘Lower Middle Class’ In These High-Cost Cities
Trending Now: These 5 Cities Are Becoming Popular With Baby Boomers: Should You Consider Them for Your Retirement Years?

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SergiyN / iStock.com
SergiyN / iStock.com

Hawaii

  • Real value of $100: $89.20

  • Median household income: $94,814

  • Typical home value: $948,964

  • Annual cost of living expenditures: $76,828

Find Out: Here’s What the US Minimum Wage Was the Year You Were Born

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

Washington

  • Real value of $100: $90.20

  • Median household income: $90,325

  • Typical home value: $575,888

  • Annual cost of living expenditures: $45,863

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

Massachusetts

  • Real value of $100: $90.60

  • Median household income: $96,505

  • Typical home value: $604,362

  • Annual cost of living expenditures: $59,797

ESB Professional / Shutterstock.com
ESB Professional / Shutterstock.com

New Jersey

  • Real value of $100: $91.20

  • Median household income: $97,126

  • Typical home value: $513,054

  • Annual cost of living expenditures: $44,649

©Shutterstock.com
©Shutterstock.com

New York

  • Real value of $100: $92.40

  • Median household income: $81,386

  • Typical home value: $425,053

  • Annual cost of living expenditures: $50,801

Learn More: Here’s the Cost To Retire Comfortably in Every State by Age

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

New Hampshire

  • Real value of $100: $92.40

  • Median household income: $90,845

  • Typical home value: $463,760

  • Annual cost of living expenditures: $43,139

GarysFRP / iStock.com
GarysFRP / iStock.com

Oregon

  • Real value of $100: $93.40

  • Median household income: $76,632

  • Typical home value: $488,012

  • Annual cost of living expenditures: $45,667

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

Connecticut

  • Real value of $100: $93.60

  • Median household income: $90,213

  • Typical home value: $402,836

  • Annual cost of living expenditures: $43,963

©Shutterstock.com
©Shutterstock.com

Maryland

  • Real value of $100: $95.00

  • Median household income: $98,461

  • Typical home value: $411,837

  • Annual cost of living expenditures: $45,944

Read Next: Net Worth for Baby Boomers: How To Tell Whether You’re Poor, Middle Class, Upper Middle Class or Rich

aimintang / Getty Images
aimintang / Getty Images

Rhode Island

  • Real value of $100: $95.30

  • Median household income: $81,370

  • Typical home value: $441,648

  • Annual cost of living expenditures: $41,753

Kyle Allingham / Getty Images/iStockphoto
Kyle Allingham / Getty Images/iStockphoto

Colorado

  • Real value of $100: $97.70

  • Median household income: $87,598

  • Typical home value: $538,132

  • Annual cost of living expenditures: $40,652

Davel5957 / Getty Images/iStockphoto
Davel5957 / Getty Images/iStockphoto

Florida

  • Real value of $100: $97.90

  • Median household income: $67,917

  • Typical home value: $405,396

  • Annual cost of living expenditures: $39,065

ferrantraite / Getty Images
ferrantraite / Getty Images

Virginia

  • Real value of $100: $97.90

  • Median household income: $87,249

  • Typical home value: $375,558

  • Annual cost of living expenditures: $39,406

Check Out: I’m a Real Estate Agent: 5 Cities Where Homes Will Be the Best Bargains in 2024

Jacob Boomsma / Getty Images/iStockphoto
Jacob Boomsma / Getty Images/iStockphoto

Alaska

  • Real value of $100: $98.00

  • Median household income: $86,370

  • Typical home value: $360,861

  • Annual cost of living expenditures: $49,887

EJ_Rodriquez / Getty Images/iStockphoto
EJ_Rodriquez / Getty Images/iStockphoto

Illinois

  • Real value of $100: $98.70

  • Median household income: $78,433

  • Typical home value: $252,899

  • Annual cost of living expenditures: $34,893

DenisTangneyJr / Getty Images
DenisTangneyJr / Getty Images

Vermont

  • Real value of $100: $98.90

  • Median household income: $74,014

  • Typical home value: $378,838

  • Annual cost of living expenditures: $45,500

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

Maine

  • Real value of $100: $99.20

  • Median household income: $68,251

  • Typical home value: $372,918

  • Annual cost of living expenditures: $42,393

Find Out: SNAP Benefit Maximums Have Increased — How Much More You’ll Receive Per Month in 2024

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

Arizona

  • Real value of $100: $100.10

  • Median household income: $72,581

  • Typical home value: $431,917

  • Annual cost of living expenditures: $42,083

Dana Dagle Photography / Getty Images/iStockphoto
Dana Dagle Photography / Getty Images/iStockphoto

Delaware

  • Real value of $100: $102.00

  • Median household income: $79,325

  • Typical home value: $366,934

  • Annual cost of living expenditures: $38,534

photo.ua / Shutterstock.com
photo.ua / Shutterstock.com

Minnesota

  • Real value of $100: $102.30

  • Median household income: $84,313

  • Typical home value: $322,082

  • Annual cost of living expenditures: $35,911

Barbara Smyers / Getty Images/iStockphoto
Barbara Smyers / Getty Images/iStockphoto

Texas

  • Real value of $100: $102.50

  • Median household income: $73,035

  • Typical home value: $297,525

  • Annual cost of living expenditures: $35,094

Discover More: 25 Safest and Cheapest Cities To Live in the South

DenisTangneyJr / Getty Images
DenisTangneyJr / Getty Images

Nevada

  • Real value of $100: $103.60

  • Median household income: $71,646

  • Typical home value: $434,956

  • Annual cost of living expenditures: $40,354

Scharvik / Getty Images
Scharvik / Getty Images

Pennsylvania

  • Real value of $100: $103.80

  • Median household income: $73,170

  • Typical home value: $254,628

  • Annual cost of living expenditures: $36,299

Sean Pavone / iStock.com
Sean Pavone / iStock.com

Georgia

  • Real value of $100: $104.20

  • Median household income: $71,355

  • Typical home value: $319,427

  • Annual cost of living expenditures: $34,180

johnnya123 / iStock.com
johnnya123 / iStock.com

Utah

  • Real value of $100: $105.50

  • Median household income: $86,833

  • Typical home value: $511,137

  • Annual cost of living expenditures: $39,700

For You: Luxury Living on a Budget: 6 Tips for the Upper Middle Class

Kruck20 / iStock.com
Kruck20 / iStock.com

North Carolina

  • Real value of $100: $105.80

  • Median household income: $66,186

  • Typical home value: $319,721

  • Annual cost of living expenditures: $36,674

KenWiedemann / iStock.com
KenWiedemann / iStock.com

South Carolina

  • Real value of $100: $106.40

  • Median household income: $63,623

  • Typical home value: $285,275

  • Annual cost of living expenditures: $35,897

Peeter Viisimaa / iStock.com
Peeter Viisimaa / iStock.com

Michigan

  • Real value of $100: $106.60

  • Median household income: $68,505

  • Typical home value: $226,746

  • Annual cost of living expenditures: $34,540

DenisTangneyJr / iStock.com
DenisTangneyJr / iStock.com

Wisconsin

  • Real value of $100: $107.70

  • Median household income: $72,458

  • Typical home value: $285,124

  • Annual cost of living expenditures: $36,949

Read Next: 7 Popular Clothing Brands the Middle Class Can’t Afford Anymore

stockphoto52 / Getty Images/iStockphoto
stockphoto52 / Getty Images/iStockphoto

Wyoming

  • Real value of $100: $108.10

  • Median household income: $72,495

  • Typical home value: $331,028

  • Annual cost of living expenditures: $34,834

Kruck20 / Getty Images
Kruck20 / Getty Images

Tennessee

  • Real value of $100: $108.20

  • Median household income: $64,035

  • Typical home value: $304,832

  • Annual cost of living expenditures: $34,007

Ultima_Gaina / Getty Images/iStockphoto
Ultima_Gaina / Getty Images/iStockphoto

Indiana

  • Real value of $100: $108.20

  • Median household income: $67,173

  • Typical home value: $229,101

  • Annual cost of living expenditures: $34,694

Ron and Patty Thomas / iStock.com
Ron and Patty Thomas / iStock.com

Idaho

  • Real value of $100: $108.20

  • Median household income: $70,214

  • Typical home value: $435,248

  • Annual cost of living expenditures: $37,706

Explore More: 7 Ways the Upper Middle Class Can Become Rich in 2024

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

Ohio

  • Real value of $100: $108.50

  • Median household income: $66,990

  • Typical home value: $215,107

  • Annual cost of living expenditures: $35,788

Art Wager / iStock.com
Art Wager / iStock.com

Missouri

  • Real value of $100: $108.90

  • Median household income: $65,920

  • Typical home value: $235,779

  • Annual cost of living expenditures: $33,594

Judd Brotman / Getty Images
Judd Brotman / Getty Images

New Mexico

  • Real value of $100: $109.00

  • Median household income: $58,722

  • Typical home value: $291,959

  • Annual cost of living expenditures: $35,780

Art Wager / Getty Images/iStockphoto
Art Wager / Getty Images/iStockphoto

Louisiana

  • Real value of $100: $109.40

  • Median household income: $57,852

  • Typical home value: $193,183

  • Annual cost of living expenditures: $34,486

Trending Now: How Much Money You’d Owe If the National Debt Was Divided by Household

leezsnow / Getty Images/iStockphoto
leezsnow / Getty Images/iStockphoto

Montana

  • Real value of $100: $109.70

  • Median household income: $66,341

  • Typical home value: $442,685

  • Annual cost of living expenditures: $39,468

TriggerPhoto / iStock.com
TriggerPhoto / iStock.com

Kansas

  • Real value of $100: $110.00

  • Median household income: $69,747

  • Typical home value: $214,724

  • Annual cost of living expenditures: $33,031

Jacob Boomsma / Getty Images/iStockphoto
Jacob Boomsma / Getty Images/iStockphoto

Nebraska

  • Real value of $100: $110.20

  • Median household income: $71,722

  • Typical home value: $248,523

  • Annual cost of living expenditures: $34,418

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

Kentucky

  • Real value of $100: $110.60

  • Median household income: $60,183

  • Typical home value: $191,960

  • Annual cost of living expenditures: $33,534

Find Out: How Much Money Do Americans Have in Their Bank Accounts in 2024?

©iStock.com
©iStock.com

West Virginia

  • Real value of $100: $110.80

  • Median household income: $55,217

  • Typical home value: $152,323

  • Annual cost of living expenditures: $32,817

DenisTangneyJr / iStock.com
DenisTangneyJr / iStock.com

Oklahoma

  • Real value of $100: $111.20

  • Median household income: $61,364

  • Typical home value: $196,835

  • Annual cost of living expenditures: $32,566

Christopher Cagney / Getty Images/iStockphoto
Christopher Cagney / Getty Images/iStockphoto

North Dakota

  • Real value of $100: $111.30

  • Median household income: $73,959

  • Typical home value: $249,280

  • Annual cost of living expenditures: $36,395

Kayla Goss / Getty Images/iStockphoto
Kayla Goss / Getty Images/iStockphoto

Iowa

  • Real value of $100: $111.60

  • Median household income: $70,571

  • Typical home value: $209,990

  • Annual cost of living expenditures: $34,242

For You: 7 Key Signs You’ve Reached Financial Freedom

ElsvanderGun / Getty Images
ElsvanderGun / Getty Images

South Dakota

  • Real value of $100: $112.20

  • Median household income: $69,457

  • Typical home value: $290,267

  • Annual cost of living expenditures: $35,594

RobHainer / Getty Images/iStockphoto
RobHainer / Getty Images/iStockphoto

Alabama

  • Real value of $100: $112.20

  • Median household income: $59,609

  • Typical home value: $214,175

  • Annual cost of living expenditures: $32,664

DenisTangneyJr / iStock.com
DenisTangneyJr / iStock.com

Mississippi

  • Real value of $100: $112.70

  • Median household income: $52,985

  • Typical home value: $169,211

  • Annual cost of living expenditures: $32,529

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

Arkansas

  • Real value of $100: $113.40

  • Median household income: $56,335

  • Typical home value: $195,185

  • Annual cost of living expenditures: $32,759

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 2022 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 2022 American Community Survey, annual cost-of-living expenditures as sourced from the Bureau of Labor Statistics: 2022 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 Feb. 19, 2024.

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

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