Alabama stretches $100 further
A national-average $100 buys about $114.62 of local goods and services in Alabama, compared with $97.79 in Alaska.
$100 goes further in Alabama: about $114.62 in local buying power versus $97.79 in Alaska, a $16.83 gap.
National Rankings
See where both states fall among all 50 states for purchasing power of $100.
Mississippi
Alabama
Oklahoma
Arkansas
Kansas
West Virginia
Missouri
Iowa
Tennessee
South Dakota
Alaska
Alabama ranks 2nd and Alaska ranks 44th nationally for purchasing power of $100.
Safety Context
Economic and demographic factors behind the violent crime rate difference.
A national-average $100 buys about $114.62 of local goods and services in Alabama, compared with $97.79 in Alaska.
BEA Regional Price Parity is lower in Alabama (87.2) than in Alaska (102.7), which is why the same cash buys more there.
See full data →Purchasing power does not replace income. Alaska has a median household income of $86,533, versus $54,943 in Alabama.
See full data →Alabama's cost-of-living index is 88.6, compared with 125.8 in the other state.
See full data →What this means
Alabama's purchasing power of $100 is $114.62, compared with $97.79 in Alaska, a gap of 17.2%. Real local value of $100 after adjusting for BEA Regional Price Parities.
People also ask
Alabama's purchasing power of $100 is $114.62.
Alaska's purchasing power of $100 is $97.79.
$100 goes further in Alabama: about $114.62 in local buying power versus $97.79 in Alaska, a $16.83 gap.
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