$100 buys more in Missouri, Kansas than most other states
Take a look at that dollar in your wallet or purse.
If you live in Missouri or Kansas, it will buy you comparatively more than those in most other states, according to a new study by the Tax Foundation, a nonpartisan research think tank based in Washington, D.C.
The think tank this week released a map that shows which states offer the biggest bang for the buck.
The Tax Foundation adjusted the value of $100 to show the real value of the money based on the average prices of similar goods in each state.
Missouri finished tied for third with Alabama, with that money being worth $113.51. Kansas was close behind at 10th, with that money having the real value of $111.23.
Mississippi at $115.74 and Arkansas at $114.16 topped the list.
Meanwhile, that $100 was worth the least in New York ($86.66), Hawaii ($85.32) and the District of Columbia ($84.60).
Go to the Tax Foundation’s website to view The Real Value of $100 in Each State.
To see a related study, click on The Real Value of $100 in Metropolitan Areas.
Robert A. Cronkleton, bcronkleton@kcstar.com
This story was originally published August 21, 2014 at 3:03 PM with the headline "$100 buys more in Missouri, Kansas than most other states."