How much is $100 worth?

Discussion in 'The Chatterbox' started by Erik Redd, Jul 15, 2015.

  1. Erik Redd

    Erik Redd Lizabeth, baby, I'm comin' to join ya.

  2. wristwatchb

    wristwatchb wristwatch "danger" b

    $100 buys a little more than a container of MdC or a truckload of Arko. Talk about bang for the buck, and an end to flying insects in your personal space! I'd like to see those highfalutin economists come up with a better example than that. :p
     
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  3. SHAVEWIZARD420

    SHAVEWIZARD420 Well-Known Member

    With inflation I am surprised it is not a lot lower than that. nowadays $100 is not that much money which is sad. To make matters worse our money is no longer backed by gold so in reality money is just paper worth something because we believe it is.
     
  4. mikewood

    mikewood Well-Known Member

    Here in Houston $100 will buy you a little less than a week of groceries per person.
     
  5. RaZorBurn123

    RaZorBurn123 waiting hardily...............

    This makes me sick..
     
  6. swarden43

    swarden43 "It's your shave. Enjoy it your way."©

    What ever you're willing to pay for it.
    :happy102::happy097:. I crack me up! :rofl:
     
  7. Darkbulb

    Darkbulb Cookie Hoarder

    I believe it's a state-to-state purchasing power comparison so I don't think inflation plays a role in these numbers as inflation is at a national currency level.
     
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  8. wristwatchb

    wristwatchb wristwatch "danger" b

    I don't think the chart shows the impact of inflation. It shows the relative value of $100 from one state to the next. To me, it is just a "cost of living" comparison between the states. It's interesting to see large differences in bordering states (ex: CO and NE, WV and VA).
     
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  9. SHAVEWIZARD420

    SHAVEWIZARD420 Well-Known Member

    oh ok. does it have to do with state tax or the cost of living?
     
  10. wristwatchb

    wristwatchb wristwatch "danger" b

    Just think how many more razors you could have if you lived in my neck of the woods. :)
     
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  11. richgem

    richgem suffering from chronic clicker hand cramps

    I've seen it go for as much as $125 on eBay!
     
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  12. Erik Redd

    Erik Redd Lizabeth, baby, I'm comin' to join ya.

    upload_2015-7-15_20-29-5.png

    It's cost of living, including rental housing costs.
     
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  13. txskimo

    txskimo Well-Known Member

    Whaaaat? Lol I think I misunderstood you. A spend probably 100 dollars a week for a family of four. That number can go down depending if I start making dinners without meat.
     
  14. Randycin617

    Randycin617 Member

    That's 2.5 times better than Massachusetts...
     
  15. swarden43

    swarden43 "It's your shave. Enjoy it your way."©

    Excluding DC and going by states only, NJ is second lowest :(.
    But this is where God has me, and He is my provider for all my needs! :)
     
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  16. Darkbulb

    Darkbulb Cookie Hoarder

    In California they charge you $100 as a entrance fee into the grocery store.
     
  17. Primotenore

    Primotenore missed opera tunity

    Article Team
    I don't think this economist is comparing the value of a 1960 dollar vs. a 2015 dollar. Rather how much $100 will get you state by state. If you want to talk inflation, just change that $100 into $10... or less. :angry017:
     
  18. cmorris357

    cmorris357 catching flies.........

    And then when you get in there all they have is kale. :prrr:
     
  19. richgem

    richgem suffering from chronic clicker hand cramps

    and organic free-range tree bark. :rofl:
     
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  20. cmorris357

    cmorris357 catching flies.........

    Reminds me of the Oscar Mayer commercial where the the guy asks the waiter what the special is. He replies, "Hand agitated Baltic Sea foam".
     
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