How much is $100 worth where you live?
Been feeling a little flush lately? If you’ve been spending a tad more freely, but your check seems to be lasting longer, maybe it’s because of where you live.
There are differences from state to state in how much many items cost, and if you’re looking ahead to retirement you may want to consider that when deciding where to spend your golden years. Every little bit counts, and the Tax Foundation has very kindly taken data from the Bureau of Economic Analysis and translated it into how much $100 is worth from state to state.
You could be delighted to learn that you’re living in a cheap state, where your retirement savings will go farther, or horrified to find that where you are will be taking a bigger drag on your retirement income than you thought—meaning you’ll need more money to retire comfortably there.