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.
$100 goes further in Connecticut: about $99.03 in local buying power versus $88.30 in New York, a $10.73 gap.
Difference: $11 — Connecticut leads.
National Rankings
See where both states fall among all 50 states for purchasing power of $100.
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Connecticut
New York
Connecticut ranks 41st and New York ranks 49th nationally for purchasing power of $100.
Economic and demographic factors behind the violent crime rate difference.
A national-average $100 buys about $99.03 of local goods and services in Connecticut, compared with $88.30 in New York.
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.
View detailed comparisonPurchasing power does not replace income. Connecticut has a median household income of $90,213, versus $78,609 in New York.
View detailed comparisonConnecticut's cost-of-living index is 113.1, compared with 132.7 in the other state.
View detailed comparisonWhat This Means
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.
People Also Ask
Connecticut's purchasing power of $100 is $99.03.
New York's purchasing power of $100 is $88.30.
$100 goes further in Connecticut: about $99.03 in local buying power versus $88.30 in New York, a $10.73 gap.
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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.