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5 States Where $100 Stretches Furthest -- And 5 Where It Spends Fast


5 States Where $100 Stretches Furthest  --  And 5 Where It Spends Fast

How much exactly is a $100 bill worth to you? The value of this commonly-referenced amount when it comes to your finances largely depends on your lifestyle, income, responsibilities and location. So, where in the U.S. can this amount stretch far, and where is it spread thin?

Learn More: How Much Money Is Needed To Be Considered Middle Class in Every State?

Try This: How To Get Rich in Real Estate Starting With Just $1,000

To find the states where a $100 is worth the most -- and the least -- GOBankingRates compared factors like real value of $100, median household income and cost-of-living expenditures.

These Southern and Midwestern states tend to have lower costs of living, which means that $100 goes a longer way.

Explore More: Here's the Salary Needed to Actually Take Home $100K in Every State

Find Out: How Much Money Do Americans Have in Their Bank Accounts in 2024?

Earning passive income doesn't need to be difficult. You can start this week.

In states with the higher costs of living -- common on the East and West Coasts -- your $100 bill is going to disappear a little faster.

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This article originally appeared on GOBankingRates.com: 5 States Where $100 Stretches Furthest -- And 5 Where It Spends Fast

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