Here’s How The Carolinas Rank In Terms Of Real Purchasing Power of $100

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What can $100 buy you these days? Turns out, that question largely depends on where you live.

The relative value of $100 can vary by up to 35%, depending on what state and county you’re shopping in.

The tax foundation’s report ranks each state’s purchasing power of $100. North Carolina was ranked #18 in the nation and South Carolina was ranked #12 for the highest real value of $100.

State Real Value of $100 Rank
Mississippi $115.34 1
Arkansas $114.29 2
Alabama $113.90 3
South Dakota $113.64 4
Kentucky $112.74 5
West Virginia $112.49 6
Ohio $111.98 7
Missouri $111.86 8
Oklahoma $110.99 9
Tennessee $110.86 10
Iowa $110.74 11
South Carolina $110.50 12
Nebraska $110.38 13
Kansas $110.25 14
Indiana $109.41 15
Louisiana $109.41 16
North Dakota $109.29 17
North Carolina $109.05 18
Georgia $108.70 19
Idaho $107.07 20
Wisconsin $107.07 21
Michigan $106.27 22
Montana $106.16 23
New Mexico $105.26 24
Wyoming $103.95 25
Arizona $103.73 26
Texas $103.52 27
Utah $103.09 28
Maine $102.99 29
Minnesota $102.46 30
Nevada $102.35 31
Pennsylvania $101.83 32
Rhode Island $101.32 33
Oregon $101.01 34
Florida $100.91 35
Illinois $99.30 36
Vermont $98.81 37
Delaware $98.14 38
Colorado $98.04 39
Virginia $97.47 40
Washington $96.34 41
New Hampshire $95.06 42
Alaska $94.61 43
Massachusetts $93.37 44
Connecticut $91.91 45
Maryland $90.66 46
California $88.97 47
New Jersey $87.34 48
New York $86.43 49
Hawaii $85.62 50
District of Columbia $84.67

Several counties in North Carolina have an even higher purchasing power than the state of Mississippi at $116.70, while Charlotte’s metro area brings our state average down with a purchasing power of $106.80 as well as Raleigh’s metro with a purchasing power of $104.30. The Virginia Beach metro area (which crosses into North Carolina) had the lowest purchasing power in our state at $101.60.

South Carolina’s non-metro areas had the highest purchasing power in the nation at $119.90 (Mississippi’s non-metro areas have a purchasing power of $119.80).

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