Alaska stretches $100 further
A national-average $100 buys about $97.79 of local goods and services in Alaska, compared with $88.30 in New York.
$100 goes further in Alaska: about $97.79 in local buying power versus $88.30 in New York, a $9.49 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
New York
Alaska ranks 44th and New York ranks 49th nationally for purchasing power of $100.
Safety Context
Economic and demographic factors behind the violent crime rate difference.
A national-average $100 buys about $97.79 of local goods and services in Alaska, compared with $88.30 in New York.
BEA Regional Price Parity is lower in Alaska (102.7) than in New York (114.8), 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 $78,609 in New York.
See full data →Alaska's cost-of-living index is 125.8, compared with 132.7 in the other state.
See full data →What this means
Alaska's purchasing power of $100 is $97.79, compared with $88.30 in New York, a gap of 10.7%. Real local value of $100 after adjusting for BEA Regional Price Parities.
People also ask
Alaska's purchasing power of $100 is $97.79.
New York's purchasing power of $100 is $88.30.
$100 goes further in Alaska: about $97.79 in local buying power versus $88.30 in New York, a $9.49 gap.
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