Purchasing Power of $100 Comparison
Income

Connecticut vs New York: Purchasing Power of $100

$100 goes further in Connecticut: about $99.03 in local buying power versus $88.30 in New York, a $10.73 gap.

Connecticut flag
Connecticut
CT • Northeast
Winner
$99.03
Real local value of $100 after adjusting for BEA Regional Price Parities.
New York flag
New York
NY • Northeast
$88.30
Real local value of $100 after adjusting for BEA Regional Price Parities.

Visual Comparison

Connecticut $99.03
New York $88.30

Difference: $11 — Connecticut leads.

National Rankings

Where They Rank Nationally

See where both states fall among all 50 states for purchasing power of $100.

Connecticut #41 · $99.03
New York #49 · $88.30
Lowest Highest

Top 10 States — Purchasing Power of $100

#1 Mississippi flag Mississippi
$116.01
#2 Alabama flag Alabama
$114.62
#3 Oklahoma flag Oklahoma
$113.65
#4 Arkansas flag Arkansas
$113.40
#5 Kansas flag Kansas
$113.09
#6 West Virginia flag West Virginia
$112.73
#7 Missouri flag Missouri
$112.21
#8 Iowa flag Iowa
$111.93
#9 Tennessee flag Tennessee
$111.32
#10 South Dakota flag South Dakota
$111.28
Selected states
#41 Connecticut flag Connecticut
$99.03
#49 New York flag New York
$88.30

Connecticut ranks 41st and New York ranks 49th nationally for purchasing power of $100.

Safety Context

Economic and demographic factors behind the violent crime rate difference.

Safety
Real Dollar Value

Connecticut stretches $100 further

A national-average $100 buys about $99.03 of local goods and services in Connecticut, compared with $88.30 in New York.

BEA Price Index

Connecticut has the lower official price level

BEA Regional Price Parity is lower in Connecticut (106.9) than in New York (114.8), which is why the same cash buys more there.

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Income Check

Connecticut has the higher median income

Purchasing power does not replace income. Connecticut has a median household income of $90,213, versus $78,609 in New York.

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Living Costs

Connecticut also looks cheaper on the cost index

Connecticut's cost-of-living index is 113.1, compared with 132.7 in the other state.

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What This Means

Connecticut vs New York: Purchasing Power of $100 in context

Connecticut has a purchasing power of $100 of $99.03, compared with $88.30 in New York, a gap of 12.2%. Real local value of $100 after adjusting for BEA Regional Price Parities.

Connecticut
$99.03
New York
$88.30
Difference
$11

People Also Ask

Connecticut vs New York Purchasing Power of $100 — Common Questions

Q What is Connecticut's purchasing power of $100?

Connecticut's purchasing power of $100 is $99.03.

Q What is New York's purchasing power of $100?

New York's purchasing power of $100 is $88.30.

Q Which state has a higher purchasing power of $100 — Connecticut or New York?

$100 goes further in Connecticut: about $99.03 in local buying power versus $88.30 in New York, a $10.73 gap.

Sources: Core demographic data comes from the 2020 U.S. Census, with land area from U.S. Census Bureau TIGER files. Income, housing, affordability, and tax fields are maintained in our comparison dataset; purchasing-power figures use BEA Regional Price Parities. Minimum wage data comes from the U.S. Department of Labor, gas prices from AAA, and electricity rates from the U.S. Energy Information Administration. Political control and election fields use 2024 presidential results together with National Conference of State Legislatures data. Gun-law labels use the Giffords scorecard, alcohol system data comes from NABCA, and marijuana status uses NCSL's state cannabis laws tracker.