REPORT: Dollar value in Idaho is $ 1.08, 92 cents in Washington, based on cost of living | Idaho

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The purchasing power of the dollar in Idaho is $ 1.08, in Washington it is 92 cents, based on the regional cost of items such as housing, groceries and utilities in 2019, according to a new analysis of the 24/7 Wall St.

Goods and services in states where household incomes are below the U.S. average tend to be cheaper than in states where household incomes are above the national median of $ 59,729, the study concludes.

Each state’s dollar value was estimated by dividing 100 (the base dollar value) by regional price parity estimates, based on 2019 data from the Bureau of Economic Analysis, the most recent figures available.

Washington has a personal income per capita in 2020 of $ 68,322, Idaho $ 48,616. These figures were compared to the dollar value and the price parity number of each state to calculate the effective personal income of residents on average.

The median house values ​​shown below reflect the 2019 American Consumer Survey from the US Census Bureau.

The purchasing power of the dollar, state by state

State Dollar value Personal income per capita Income adjusted for cost of living Median house value
Alabama $ 1.14 $ 46,908 $ 53,569 $ 154,000
Alaska $ 0.95 $ 64,780 $ 61,476 $ 281,200
Arizona $ 1.04 $ 48,950 $ 50,761 $ 255,900
Arkansas $ 1.15 $ 47,109 $ 54,317 $ 136,200
California $ 0.84 $ 71,480 $ 59,757 $ 568,500
Colorado $ 0.98 $ 58,500 $ 53,315 $ 373,300
Connecticut $ 0.95 $ 79,771 $ 75,782 $ 280,700
Delaware $ 1.01 $ 56,768 $ 57,109 $ 261,700
Florida $ 0.99 $ 55,337 $ 54,784 $ 245,100
Georgia $ 1.07 $ 51,165 $ 54,644 $ 202,500
Hawaii $ 0.81 $ 60,729 $ 49,008 $ 669,200
Idaho $ 1.08 $ 48,616 $ 52,408 $ 255,200
Illinois $ 1.03 $ 62,977 $ 64,614 $ 209,100
Indiana $ 1.11 $ 51,340 $ 57,141 $ 156,000
Iowa $ 1.11 $ 55,218 $ 61,292 $ 158,900
Kansas $ 1.11 $ 56,073 $ 62,129 $ 163,200
Kentucky $ 1.13 $ 46,507 $ 52,367 $ 151,700
Louisiana $ 1.12 $ 50,037 $ 56,091 $ 172,100
Maine $ 1.01 $ 54,225 $ 54,605 $ 200,500
Maryland $ 0.92 $ 68,258 $ 63,002 $ 332,500
Massachusetts $ 0.90 $ 79,721 $ 71,430 $ 418,600
Michigan $ 1.08 $ 52,987 $ 57,067 $ 169,600
Minnesota $ 1.02 $ 61,540 $ 62,771 $ 246,700
Mississippi $ 1.16 $ 41,745 $ 48,257 $ 128,200
Missouri $ 1.11 $ 51,177 $ 56,960 $ 168,000
Montana $ 1.07 $ 53,329 $ 56,795 $ 253,600
Nebraska $ 1.11 $ 57,942 $ 64,026 $ 172,700
Nevada $ 1.03 $ 53,635 $ 55,030 $ 317,800
New Hampshire $ 0.94 $ 66,418 $ 62,101 $ 281,400
New Jersey $ 0.84 $ 75,245 $ 63,206 $ 348,800
New Mexico $ 1.09 $ 45,803 $ 49,879 $ 180,900
new York $ 0.84 $ 75,548 $ 63,234 $ 338,700
North Carolina $ 1.08 $ 50,086 $ 54,243 $ 193,200
North Dakota $ 1.11 $ 59,388 $ 65,743 $ 205,400
Ohio $ 1.12 $ 53,296 $ 59,478 $ 157,200
Oklahoma $ 1.13 $ 49,249 $ 55,553 $ 147,000
Oregon $ 0.98 $ 56,765 $ 55,516 $ 354,600
Pennsylvania $ 1.03 $ 62,198 $ 64,064 $ 192,600
Rhode Island $ 0.99 $ 60,837 $ 60,046 $ 283,000
Caroline from the south $ 1.09 $ 47,502 $ 51,540 $ 179,800
South Dakota $ 1.12 $ 57,273 $ 64,260 $ 185,000
Tennessee $ 1.10 $ 50,547 $ 55,753 $ 191,900
Texas $ 1.04 $ 54,841 $ 56,760 $ 200,400
Utah $ 1.04 $ 52,251 $ 54,080 $ 330,300
Vermont $ 0.97 $ 58,650 $ 56,832 $ 233,200
Virginia $ 0.99 $ 62,362 $ 61,551 $ 288,800
Washington $ 0.92 $ 68,322 $ 62,583 $ 387,600
West Virginia $ 1.13 $ 45,109 $ 50,928 $ 124,600
Wisconsin $ 1.08 $ 55,487 $ 59,981 $ 197,200
Wyoming $ 1.07 $ 63,263 $ 67,818 $ 235,200

Source: 24/7 Wall Street.


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