The Tax Foundation has compared the value of $100 in all 50 states, based on cost-of-living data from U.S. Bureau of Economic Analysis. The Buckeye State fares well in the study, coming in seventh best.
The Foundation writes: “Ohio is a low-price state. There, $100 will buy goods and services that would cost $113.12 in a state at the national average price level. Put another way, Ohioans are, on average, about 13% richer than their nominal incomes suggest.” 8/10/2020