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What $100 Is Really Worth in Your State

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How far can you stretch your dollar? Depends on where you're located in the U.S. The Tax Foundation has taken data from the Bureau of Economic Analysis to show the real value of $100 in each state. (We've also covered the D.C.-based think tank’s previously analyses, but the numbers changed ever-so-slightly year to year.)

The graphic below compares how much $100 is worth in goods compared to the national average. For instance, in high-price areas like California, New York, and D.C., your $100 is worth significantly less than the U.S. average—in those places, your money has the purchasing power of around $88.18, $86.70, and $85.47, respectively. If you live in Mississippi, meanwhile, your dollars go farther than in any other state. Your $100 is the equivalent of $116.01.

A color-coded map of the U.S. lists the real value of $100 in each state.
Tax Foundation

The data isn't surprising. People move from high-priced regions to cheaper areas of the country all the time. And it’s not just a matter of real estate. In Los Angeles, the average price of a beer is $3.64, but in New York, it’s $5.36, according to GoEuro’s annual Beer Index.

Cities, naturally, tend to be more expensive than rural places, so where you live within a state also has a pretty big impact. It’s much more expensive to live in Manhattan than to live in Syracuse, New York, or to live in Chicago versus downstate Illinois, as the Tax Foundation’s previous work has shown. This difference, however, is generally counter-balanced by the fact that expensive areas typically have higher salaries, too. Minimum wage laws, tax rates, and other factors also play a role.

It’s not just a theoretical exercise. A slight variation in the real value of your dollars can have a significant impact in your standard of living. The Tax Foundation explains:

Regional price differences are strikingly large; real purchasing power is 36 percent greater in Mississippi than it is in the District of Columbia. In other words, by this measure, if you have $50,000 in after-tax income in Mississippi, you would need after-tax earnings of $68,000 in the District of Columbia just to afford the same overall standard of living.

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The Richest Person of All Time From Each State


Looking for inspiration in your quest to become a billionaire? This map from cost information website HowMuch.net, spotted by Digg, highlights the richest person in history who hails from each of the 50 states.

More billionaires live in the U.S. than in any other country, but not every state has produced a member of the Three Comma Club (seven states can only lay claim to millionaires). The map spans U.S. history, with numbers adjusted for inflation. One key finding: The group is overwhelmingly male, with only three women represented.

The richest American by far was John D. Rockefeller, repping New York with $257.25 billion to his name. Amazon's Jeff Bezos and Microsoft's Bill Gates clock in at the third and fifth richest, respectively. While today they both make their homes in the exclusive waterfront city of Medina, Washington, this map is all about birthplace. Since Gates, who is worth $90.54 billion, was born in Seattle, he wins top billing in the Evergreen State, while Albuquerque-born Bezos's $116.57 billion fortune puts New Mexico on the map.

The richest woman is South Carolina's Anita Zucker ($3.83 billion), the CEO of InterTech Group, a private, family-owned chemicals manufacturer based in Charleston. Clocking in at number 50 is the late, great socialite Brooke Astor—who, though a legend of the New York City social scene, was a native of New Hampshire—with $150 million.

[h/t Digg]

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8 City Maps Rendered in the Styles of Famous Artists
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Vincent van Gogh once famously said, "I dream my painting and I paint my dream." If at some point in his career he had dreamed up a map of Amsterdam, where he lived and derived much of his inspiration from, it may have looked something like the one below.

In a blog post from March, Credit Card Compare selected eight cities around the world and illustrated what their maps might look like if they had been created by the famous artists who have roots there.

The Andy Warhol-inspired map of New York City, for instance, is awash with primary colors, and the icons representing notable landmarks are rendered in his famous Pop Art style. Although Warhol grew up in Pittsburgh, he spent much of his career working in the Big Apple at his studio, dubbed "The Factory."

Another iconic and irreverent artist, Banksy, is the inspiration behind London's map. Considering that the public doesn't know Banksy's true identity, he remains something of an enigma. His street art, however, is recognizable around the world and commands exorbitant prices at auction. In an ode to urban art, clouds of spray paint and icons that are a bit rough around the edges adorn this map of England's capital.

For more art-inspired city maps, scroll through the photos below.

[h/t Credit Card Compare]

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