What is the purchasing power of $100

Five charts to start your day

Money doesn't stretch the same way everywhere in the US. In fact, $100 can buy you a lot more in some states than others.

Take California and Arkansas, for example. In California, $100 is really only worth about $88. But head over to Arkansas, and it feels like you've got $113. That's a big difference!

So why the gap? It's all down to how much things cost in different places. We're talking about everyday stuff: food, houses, gas, you name it. Some states are just pricier to live in.

California isn't alone in being expensive. Hawaii and Washington are up there too. In these places, your money seems to vanish in no time. But in states like Arkansas, Iowa and North Dakota, you might find your cash goes a lot further.

Here's a cool fact: the difference between the most expensive and cheapest states is about 26 percent. That's like getting an extra quarter for every dollar in some places.

Source: Visual Capitalist

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