Your Money Doesn’t Go as Far in New York Compared to Other States

For the most part, it's more expensive to live in New York compared to other states, but how much more? How far does your dollar actually stretch? And what state has the worst value for its money?

I've heard people complain time and time again that things are more expensive in New York. They're right - it can get expensive compared to the amount the average person makes, but it's not the worst. The Tax Foundation created a map to show how far $100 would go in each state. The worst states (where you get the least amount of goods for your money) include a lot of places in the northeast. That includes New York. Actually, New York ranked as the third worst in the country!

According to Tax Foundation,

The states where $100 is worth the most are Mississippi ($115.21) Arkansas ($114.29) South Dakota ($114.16) Alabama ($114.03) and West Virginia ($113.12).

That means in Arkansas $100 gets you about $114.29 worth of goods - and therefore your money goes further. Yes, a lot of the states in the northeast don't give you as much for your money, but California was also on the list for worst. $100 in California gets you just under $90 worth of goods.

To see the complete map - and see how valuable $100 in other states go to: taxfoundation.org

[Tax Foundation]