2026 Study

States Where $100K Goes Furthest (2026)

A $100,000 salary doesn't mean the same thing everywhere. We ranked all 50 states by how far $100K stretches using a housing cost index built from 2023 Census ACS data.

Data: 2023 Census ACS 5-Year Estimates · Updated January 2026

By Eric Samuels · Founder & Editor
Published January 1, 2026 · Updated April 25, 2026

Key Findings

  • 1. In Ohio, $100K has the purchasing power of roughly $170,000 nationally — the highest in the country.
  • 2. The top 5 states are all in the Midwest or South, where median housing costs are well below the national average.
  • 3. In the most expensive coastal states, $100K functions like just $30,347 nationally — less than half the purchasing power of the cheapest states.
  • 4. Cost index = 60% home value + 40% rent vs national medians of $305,000 and $1,314/mo.
What $100K is worth — top 10 states
Ohio $170,000 Indiana $159,803 Mississippi $155,698 Iowa $149,940 Wisconsin $145,947 New York $138,142 Oklahoma $132,832 Pennsylvania $131,942 Kentucky $131,379 Arkansas $131,292
Equivalent purchasing power of a $100,000 salary in each state, indexed against US national averages. Higher = goes further.

Top 15 States — Where $100K Goes Furthest

Ranked by housing cost index for cities with 50,000+ residents. "Equiv. Value" = what $100K buys locally vs national average.

# State Equiv. Value
1 Ohio $170,000
2 Indiana $159,803
3 Mississippi $155,698
4 Iowa $149,940
5 Wisconsin $145,947
6 New York $138,142
7 Oklahoma $132,832
8 Pennsylvania $131,942
9 Kentucky $131,379
10 Arkansas $131,292
11 Alabama $129,638
12 Michigan $126,610
13 Delaware $124,536
14 Nebraska $124,012
15 Missouri $123,825

Top 20 Cities — Where $100K Goes Furthest

Individual cities with 75,000+ residents ranked by purchasing power of $100K salary.

Where $100K Is Worth the Least

The 10 most expensive states where high housing costs erode purchasing power the most.

# State Equiv. Value
1 Hawaii $30,347
2 District of Columbia $49,904
3 California $50,456
4 Colorado $62,528
5 Massachusetts $63,212
6 Washington $64,322
7 Maryland $64,458
8 Utah $72,256
9 Oregon $73,857
10 Maine $74,459

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Frequently Asked Questions

What does "purchasing power" actually mean here?
It's a housing-cost-adjusted dollar value: take a $100,000 salary, divide by the local cost-of-housing index, and multiply by 100. A state index of 0.8 means housing costs 20% below the national median, so $100K functionally buys what $125,000 would buy nationally. The numbers shown above are calculated this way for every state with sufficient ACS data.
Why only housing? Don't groceries, taxes, and transport matter?
Housing is by far the largest single line item in most household budgets — typically 30–40% of after-tax income — and it varies more across US states than any other major cost. Groceries vary roughly 10–15% between cheap and expensive markets; housing varies 3–5x. We use a housing-only index because it's the dominant signal and the most reliably measured. The methodology section below has the full formula.
Where does Ohio get its #1 ranking from?
Ohio has a median home value of $148,300 (51% below the US median of $305,000) and median rent around $930/mo (29% below the $1,314/mo US figure). The combined housing index lands well below 1.0, which inverts to a $100K equivalent of $170,000.
Does this account for income differences across states?
No — the comparison holds salary constant at $100K across all states. The point is to show how far the same dollars go in different places, not whether $100K is achievable locally. If you also want to factor in local wage levels, our salary-checker tool lets you compare your specific income against the median for any city.
How recent is this data?
Housing values come from the 2023 American Community Survey 5-Year Estimates, which is the most recent ACS release as of this study. ACS 5-year data lags by roughly 18 months but is the standard source for cross-city comparisons because it has consistent methodology and complete coverage. We refresh the analysis whenever a new ACS vintage is released (typically in December each year).

Methodology

For each state, we computed a cost-of-living index using cities with 50,000+ residents that have complete Census housing data. The index weights median home value at 60% and median gross rent at 40%, each benchmarked against 2023 national medians ($305,000 home value, $1,314/mo rent).

The "Equivalent Value" column answers: if you earn $100,000 and move to this state, how much would that salary feel like in purchasing power relative to the national average? A state index of 0.8 means housing costs 20% below average — so $100K feels like $125,000 nationally.

State-level figures are medians across qualifying cities, not official statewide Census figures. Full methodology.