What's the cost of $one hundred? that might seem like a
trick query, but it is really an crucial indicator in measuring regional
economics.
it's because money buys you loads greater in a few places
than others. simply take a look at Mississippi, the nation with the best
relative price. There, $one hundred will buy the same quantity of stuff that
could cost $a hundred and fifteen.34 in a state on the national average fee
degree. at the turn aspect, cash in Washington, D.C., has the lowest price,
relative to the countrywide common. There, you need to spend $one hundred to
get $84.sixty seven really worth of cost at that countrywide common.
The relative price of $a hundred can range by way of as much
as 30 percentage, relying on what nation you are buying in.
The map above indicates the shopping strength of $one
hundred in every kingdom. The figures come from the Bureau of economic analysis
and are calculated by means of the Tax foundation. The BEA measures the
differences in the fee of products and offerings in states across the united
states of america thru its nearby rate parities.
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