The answer, according to a new report from the Tax Foundation: Pretty far. It’s good to be a Wisconsin small business owner these days.
Wisconsin gives your small business more purchasing power than the national average, according to the report. The report revealed what states have the highest personal income and costs of living, and the Tax Foundation then condensed this information into their “The Real Value of $100 in Each State” map.
The map explains how far a national average of $100 does or doesn’t go in each state. So in Wisconsin, $100 will buy you what would cost $107.64 in a state closer to the national average.
Elsewhere, the map from the Tax Foundation shows that purchasing power is the worst in Hawaii, where $100 is worth $86.06. Conversely, you get the most bang for your buck in Mississippi, where it’s worth $115.21.
