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Editorials

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Stretching a $100 bill across the nation

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A dollar may not go as far as it used to. But a dollar in Fort Wayne still goes further than a dollar in Fort Worth.  But not in Fort Smith.

The Tax Foundation, using U.S. Bureau of Economics figures, has mapped how much $100 will buy in each state. There are some big differences. 

As long as it stays within Indiana borders, a hundred bucks buys $109.77 worth of goods. In New Jersey, it buys only $87.64 worth of goods. In Texas, it’s worth $103. But in Arkansas, the figure is $114.16.  

And for once, Mississippi leads the nation: $100 buys $115.74 worth of goods. The places where the dollar is worth the least, according to the foundation, are the District of Columbia ($84.60) and Hawaii ($85.32).

So, if you moved here from Honolulu to do the same kind of job at the same salary, you actually just got a 28 percent raise.

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