We've all heard that some areas are more expensive to live in than others, or your money will go farther outside of big cities, but what is the real difference?
The Tax Foundation recently compared each state to find out how far $100 goes in each state when compared to the national average.
High cost of living
Washington, D.C.: $84.67
New York: $86.43
New Jersey: $87.34
Low cost of living
South Dakota: $113.64
The majority of states in the Midwest and South offer a lower cost of living compared to Northeast and Western states.
The ‘biggest bang for your buck’ comes in Mississippi where, compared to the national average, you can actually purchase $115.34 worth of goods for $100.