Finally, Ohio ranks up near the top in a ranking 
Have no idea about the accuracy of this. Sorry Canada. Apparently, you don't count
Have no idea about the accuracy of this. Sorry Canada. Apparently, you don't count
The value of $100 in your state
- Thread starter Scott Hanna
- Start date
#4....
coulda fooled me... i cant get out of the grocery store without dropping 150 to 200... for essentials...
cc
coulda fooled me... i cant get out of the grocery store without dropping 150 to 200... for essentials...
cc
ive been to the parts where a hundred dollars might be worth that... still places without plumbing in these hills
cc
Generally speaking the better the economy of an area the higher the cost of living and the less a dollar will buy. I think if you look at that map compared to the economy in that state it would be very accurate
Although it's a different measuring stick the Canadian dollar is worth $0.76 US right now and climbing. Annalists are expecting to be around $0.85 by year end
Sorry Canada. Apparently, you don't count
Although it's a different measuring stick the Canadian dollar is worth $0.76 US right now and climbing. Annalists are expecting to be around $0.85 by year end
It doesn't matter what the dollar is worth...
what matters is how much a dollar will buy.
They should find the COST of a basic item, like a gallon of milk....
and compare the price of that item in the other states.
what matters is how much a dollar will buy.
They should find the COST of a basic item, like a gallon of milk....
and compare the price of that item in the other states.
I thought that's what they were doing. The reality is it's much different in different parts of each state. Charleston WV is much different from some of the rural places in WV. Just like Ohio, PA, NY, CA, Etc
I know...but to say that MY dollar in PA is worth 15-cents more than your dollar in another state....
doesn't really explain how it affects your daily life.
Say that a gallon of milk is $4.59 in my state, but $5.59 in your state...
and that is something a math-hating guy like me can understand. (without counting on my fingers)
Don't forget your mantra when you go to bed - "Thank goodness for sick people and the Cleveland Clinic". ☹Finally, Ohio ranks up near the top in a ranking
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I'm certainly thankful that we have a world class hospital system here.
I can predict that people will get sick, so let's have great care for when they do. We recently had a middle East sheik come here for care and his Entourage took up 3 floors at a nice hotel for over a month. Great for our economy. If he's going to be sick, might as well do it here.
So yes, very thankful for the Cleveland clinic.
I've had my wife there. Just so others understand what we are talking about, The Cleveland Clinic is a huge multi-building complex that essentially is the entire eastern part of the city, and employs about 60,000 people, in a recession-proof industry called Medicine. Other parts of Ohio, due to the loss of manufacturing, haven't been so lucky. My cousin lives in Warren, which I believe still has not fully recovered from the loss of Packard Electric.I'm certainly thankful that we have a world class hospital system here.
We recently had a middle East sheik come here for care and his Entourage took up 3 floors at a nice hotel for over a month. Great for our economy. If he's going to be sick, might as well do it here.
So yes, very thankful for the Cleveland clinic.
My point - where you live in Ohio makes a really, really big difference to your $100.
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It's all just averages and statistical based speculation. It is not emperical universally applicable to every resident but it is somewhat indicative of the relative cost of living.
See what you did!
I just about had a grip on it...
and you just confused me with a ton of million dollar words.
So, according to this map, Florida is the most average State to live in when it comes to finances, and value of your dollar. I would say that might be true for locals, but in the tourist sectors costs of stuff are pretty expensive there.
Maryland's cost of living has been crazy for the last 12 years or so due to housing costs, and proximity to D.C.
Maryland's cost of living has been crazy for the last 12 years or so due to housing costs, and proximity to D.C.
My mother and father built a house on Long Island in the early 50's - it's where I grew up. Years ago, we had an elder care attorney add my brother and myself to the Deed, so that upon my Mothers passing, the home would automatically transfer to us - which it did. My youngest son expressed interest in the house. I told him I could help him with my half, but he would have to buy my brother's half out, at fair market value - which he did.
Even though I was giving my half to my son ("Gift of Equity") I still had to have my own lawyer. After all, it is New York. Then, when the paperwork was slid across the table to his lawyers side, and legally became his, the Taxes went from $2000 per year (my Mom was over 65 and had Double Star) to $12,300 per year - exact same house. After all, it is New York!
Even though I was giving my half to my son ("Gift of Equity") I still had to have my own lawyer. After all, it is New York. Then, when the paperwork was slid across the table to his lawyers side, and legally became his, the Taxes went from $2000 per year (my Mom was over 65 and had Double Star) to $12,300 per year - exact same house. After all, it is New York!
The value of the dollar is the highest in Mississippi. That is also a state that perhaps has the lowest wages, and is considered among the poorest of the states. I am pretty sure most DJs who live and work down in that state earn less than 10K a year as a DJ, and most a "good paying" wedding for the typical DJ down there is probably like $350 to $400 with a plethora of DJs charging like $200 to $250. ...Versus a good paying wedding for a DJ in New York City is over $2,000.
You didn't make an equal comparison though... you said typical for Mississippi and good for NYC... a typical dj in NY will be right around 1200-1600... $2000+ is the high end. In Mississippi there are pockets of wealthy couples and corporations that I'm sure will pay well over $1000 for the dj service... and I'm sure they'd like to add enhancements to make their wedding stand out from the rest bringing that total closer to $2k+. Just 50 of those events and you're talking 60-75k after expenses... that's pretty respectable for that area (for most areas actually). This past summer in July I had an opportunity to DJ a wedding in Birmingham, AL. It was a relative of one of my clients from up here, and this couple was willing to pay $7000 to have me drive down there for 2 heads, uplighting, and sparklers. Unfortunately, by the time they decided to get back to me I had already made the commitment to go to Greece for 3 weeks.