A one-hundred dollar bill is worth less in Washington, D.C., where it is estimated to have the purchasing power of only $84.96, than in any state in the nation, the Tax Foundation reports.
"The same amount of cash can buy you comparatively more in a low-price state than in a high-price state," the report says.
The states where $100 go the farthest are Mississippi ($115.21), Arkansas ($114.29), South Dakota ($114.16), Alabama ($114.03) and West Virginia ($113.12).
A one-hundred dollar bill is worth the least in the District of Columbia ($84.96), Hawaii ($86.06), New York ($86.73), New Jersey ($87.34) and California ($89.05).
"Regional price differences are strikingly large; real purchasing power is 36 percent greater in Mississippi than it is in the District of Columbia," says the Tax Foundation. "In other words: by this measure, if you have $50,000 in after tax income in Mississippi, you would have to have after-tax earnings of $68,000 in the District of Columbia just to afford the same overall standard of living."