A hundred bucks doesn’t go as far in D.C. as it does everywhere else in the country, according a study released last week. The Tax Foundation, a research group that tracks tax policy, adjusted the value of $100 to show how much it buys consumers in each state and D.C.

The District comes in dead last with a real value of $84.67.

Photo courtesy of the Tax Foundation

The foundation used data from a 2014 report by the Bureau of Economic Analysis. And there is the necessary caveat that the report is pitting the District, an urban area, up against states rather than other cities.

Still, a Ben Franklin is worth the most in Mississippi ($115.34), Arkansas ($114.29), Alabama ($113.90), South Dakota ($113.64), and West Virginia ($112.49), according to the report. This means that people in Mississippi, for instance, are 15 percent richer than their incomes suggest for the purposes of day-to-day living.

Putting it another way, real purchasing power is 36 percent greater in Mississippi than it is in D.C., according to the report. By this measure, “if you have $50,000 in after-tax income in Mississippi, you would have to have after-tax earnings of $68,000 in the District of Columbia just to afford the same overall standard of living.”

Maryland comes in at $90.66, while Virginia is at $97.47.

And rounding out the top five places where $100 comes up short for buyers are Hawaii ($85.62), New York ($86.43), New Jersey ($87.34), and California ($88.97).

To balance it out though, the foundation recognizes that places with high costs of living also offer higher salaries for the same jobs. But it also notes outliers such as North Dakota, which has high incomes with comparably low costs for good and services.