Real Dollar Value
Massachusetts stretches $100 further
A national-average $100 buys about $95.55 of local goods and services in Massachusetts, compared with $93.45 in New Jersey.
Purchasing Power of $100 Comparison
Income
Massachusetts vs New Jersey: Purchasing Power of $100
$100 goes further in Massachusetts: about $95.55 in local buying power versus $93.45 in New Jersey, a $2.10 gap.
Massachusetts
MA • Northeast
$95.55
Real local value of $100 after adjusting for BEA Regional Price Parities.
New Jersey
NJ • Northeast
$93.45
Real local value of $100 after adjusting for BEA Regional Price Parities.
Visual Comparison
Massachusetts
$95.55
New Jersey
$93.45
Difference: $2 — Massachusetts leads.
Safety Context
Economic and demographic factors behind the violent crime rate difference.
Safety
BEA Price Index
Massachusetts has the lower official price level
BEA Regional Price Parity is lower in Massachusetts (110.4) than in New Jersey (112.9), which is why the same cash buys more there.
View detailed comparisonIncome Check
New Jersey has the higher median income
Purchasing power does not replace income. New Jersey has a median household income of $97,126, versus $96,505 in Massachusetts.
View detailed comparisonLiving Costs
New Jersey also looks cheaper on the cost index
New Jersey's cost-of-living index is 121.7, compared with 148.8 in the other state.
View detailed comparisonRelated Pages
What This Means
Massachusetts vs New Jersey: Purchasing Power of $100 in context
Massachusetts has a purchasing power of $100 of $95.55, compared with $93.45 in New Jersey. Real local value of $100 after adjusting for BEA Regional Price Parities.
Massachusetts
$95.55
New Jersey
$93.45
Difference
$2
People Also Ask
Massachusetts vs New Jersey Purchasing Power of $100 — Common Questions
Q What is Massachusetts's purchasing power of $100?
Massachusetts's purchasing power of $100 is $95.55.
Q What is New Jersey's purchasing power of $100?
New Jersey's purchasing power of $100 is $93.45.
Q Which state has a higher purchasing power of $100 — Massachusetts or New Jersey?
$100 goes further in Massachusetts: about $95.55 in local buying power versus $93.45 in New Jersey, a $2.10 gap.
More Comparisons: Massachusetts vs New Jersey
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Sources: Core demographic data comes from the 2020 U.S. Census, with land area from U.S. Census Bureau TIGER files. Income, housing, affordability, and tax fields are maintained in our comparison dataset; purchasing-power figures use BEA Regional Price Parities. Minimum wage data comes from the U.S. Department of Labor, gas prices from AAA, and electricity rates from the U.S. Energy Information Administration. Political control and election fields use 2024 presidential results together with National Conference of State Legislatures data. Gun-law labels use the Giffords scorecard, alcohol system data comes from NABCA, and marijuana status uses NCSL's state cannabis laws tracker.