$1 Is Worth 86 Cents in Hawaii, Less Than Any Other State

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The cost of a home, food, transportation, fuel and clothing. The total of these state to state, particularly when income is taken into account, vary widely, making $1 stretch much more or less, depending on location. In Hawaii, the value of $1, based on the national average, is worth only $0.86. The state also has a median household income of $69,592, the fifth highest among the states. And the poverty rate in Hawaii is 11.4%, the seventh lowest.

In its “The Value of a Dollar in Every State,” 24/7 Wall St. ranked the states on “the national average cost of goods and services.” Hawaii had the lowest dollar comparison and Mississippi the highest at $1.15.

A look at the analysis, starting with the top and bottom:

50. Hawaii
> Value of a dollar:
$0.86
> Chg. in value of dollar 2008-2013: +9.3% (8th largest)
> Median household income: $69,592 (5th highest)
> Poverty rate: 11.4% (7th lowest)

And:

1. Mississippi
> Value of a dollar:
$1.15
> Chg. in value of dollar 2008-2013: +7.0% (16th smallest)
> Median household income: $39,680 (the lowest)
> Poverty rate: 21.5% (the highest)

The full rankings of the value of a dollar in all 50 is as follows: