How Valuable Is Your Hard Earned Money In Wyoming?

Data shows that 20 to 40% of marriages end because of money.

People who have financial issues are 20 times more likely to commit suicide.

You’ve heard the phrase, “The love of money is the root of all evil,” which seems accurate.

When you work hard for your money, you want to be able to buy the things you want and need. If you’ve ever wondered why people from California want to move to Wyoming, the answer aligns with all of these phrases and facts.

Money.

Earlier this year, Go Banking Rates.Com released numbers on how far a $100 bill will go in each state, and it’s no surprise that in California, it’s not going as far as it is in Wyoming.

If you have a crisp new $100 bill and walk into a store in California, it’s only worth $87.50. If you take that same crisp new $100 bill to a store in Wyoming, it will be worth $108.10.

You’re wondering how that works, so here’s how Go Banking Rates.com figured it out.

GOBankingRates ranked the states where $100 is worth the most and least and provided supplemental factors, such as median household income as sourced from the 2022 American Community Survey, annual cost-of-living expenditures as sourced from the Bureau of Labor Statistics: 2022 Consumer Expenditure, and typical home value for a single family residence as sourced from Zillow.

 

To go further down the rabbit hole, Arkansas is where you will get the most out of your $100 bill. It is worth $113.40.

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