![What’s the Real Value of $100 in the State of Colorado?](http://townsquare.media/site/50/files/2015/07/Screen-Shot-2015-07-14-at-6.57.27-AM-630x471.png?w=980&q=75)
What’s the Real Value of $100 in the State of Colorado?
People are rather cavalier when they toss the term "cost of living" around. But to make it simple for everyone to understand, here's the "relative" value of $100 for Colorado and every other state. What this means is what $100 would get you in each state based on the national average. For example, when you take that trip to Las Vegas, you can actually get $101.83 worth of value for your $100. In comparison, in New York, your $100 only gets you $86.73 worth of goods.
So where does Colorado land? Well, we all know that we live in Colorado for what this great state offers, not for the "cost of living." In Colorado, your money doesn't go as far as it does in our surrounding states, with $100 only translating to $97.85. Not the worst, but it does stink to see it below the national average.
According to the Tax Foundation, The top 4 states where $100 is worth the most are Mississippi ($115.21) Arkansas ($114.29) South Dakota ($114.16) and Alabama ($114.03). The bottom 4 states are Hawaii ($86.06) New York ($86.73) New Jersey ($87.34) and California ($89.05.).