Read: Hacking retirement

For now, here's a look at the 10 states where $100 buys the most. If you're lucky enough to live in one of them—or for some reason have even been considering moving away from one—maybe you should check out our other upcoming list—of states where $100 buys the least.

1. Mississippi.

In Mississippi, you can spend $100 and it will feel as if you've spent $115.21. But before you take that retirement check and blow it on a fancy dinner, bear in mind that you might need the extra funds to spend on air conditioning or other climate accommodations.

Of course, Mississippi isn't dependent only on your personal dollars to get by, which could be one reason your dollars will go so far.

According to the Pew Charitable Trusts, in fiscal 2012 the state took in federal dollars that amounted to 45.3 percent of its income—its largest single source of revenue. So does that mean that if you paid a lot in taxes you were helping to support Mississippi?

Read: Retirees not planning on health care costs

2. Arkansas.

That $100 you spend in Arkansas will get you $114.29 worth of whatever it is you're buying.

Don't call the movers yet, though—remember that while the food itself might be cheap, you'll be paying sales tax on it—even if you cook it yourself.

In fact, Arkansas taxes everything you buy at the grocery store, which can add up to a lot more than an extra $14.29 a year. Lots of other states don't do that.

3. South Dakota.

$114.16 worth of goods for $100—seems like a great deal, right? And it is.

But, as with Missouri and Arkansas, you have to keep in mind that what you save in one area, you might end up spending in another (or even more than one).

For instance, have you ever spent a winter in South Dakota? Not just heating bills but the cost for warm clothing will eat up that extra money pretty quickly.

On the plus side, according to the Pew Charitable Trusts, South Dakota's tax revenues haven't changed much over the last 20 years, which is a good thing as far as budgeting goes. At least you'll have a fair idea of what to count on in state funding.

Read: What's the happiest, healthiest state in the nation?

4. Alabama.

Once you're at your sweet home in Alabama, $100 will buy you $114.03 worth of goods.

Not a bad deal. But Alabama is also spending more of its own money on Medicaid than it used to—something that might mean a lot to a retiree looking to stretch retirement dollars.

Alabama, according to the Pew Charitable Trusts, is spending 2.7 percent more on Medicaid these days. Pew said on its website, "An increase in Medicaid's claim on each revenue dollar reduces the share of state resources available for other priorities, such as education, transportation, and public safety." So keep that in mind.

5. West Virginia.

West Virginia has some pretty spectacular scenery going for it, in addition to the advantage of $100 going as far as $113.12 in some other states.

But it also has issues with the quality of its health care, which can amount to a heck of a lot more money in the long run.

Read: These 10 hospitals could pick your pocket clean

6. Kentucky.

Sure, the state can offer you the Derby, but betting on horses isn't the best way to spend a retirement dollar—even if $100 will get you $112.23 worth in the state.

And if Alabama is spending more on Medicaid these days, Kentucky is outdoing it.

Its Medicaid expenses are running 3.3 percent higher, which means that much less left for those other expenditures a state has to make if its residents are going to be healthy and comfortable.

7. Missouri.

Think about your health before you move to Missouri. While your $100 will bring you $112.11 in necessities, the Show-Me State is dropping big bucks on its own share of Medicaid expenses—a hefty 7.9 percent more.

In fact, it was one of the 15 states spending the most of their own money (translated, that means whatever they took in from you, the taxpayer) on Medicaid in 2013.

So if you add that to whatever you're already spending on your own medical care…

Read: The power of small numbers

8. Ohio.

You can get a pretty good deal for your $100 here, receiving $111.61 of whatever you're purchasing. But that doesn't mean you're home free.

Ohio is one of only two states that's set aside half of what it expects to pay in retiree health care benefits in the future (Arizona is the other one). That's the good news, since 15 states have reserved exactly nothing. Zero. Zip. Nada.

9. Oklahoma.

If the wind comes sweeping down the plain here, it's blowing bargains; your $100 will go as far as $111.23 in other places.

But remember that you might need some of that money to pay for insurance or repairs, should the wind decide to become a tornado.

Oklahoma's weather can be pretty volatile, with a humid subtropical climate across much of the state (who knew?), dry winters and drought-ridden summers that come complete with drastic weather.

You'll need good winter clothes to handle the below-zero winter temps, and good air conditioning unless you like 100-degree-plus days. Just sayin'.

Read: Few savers have a plan for stretching retirement income

10. Iowa.

If you spend $100 in Iowa, you'll feel as if you spent $110.74 instead—definitely a positive.

However, bear in mind that Iowa's largest public pension fund is substantially underfunded. If the state of Iowa is going to be paying your pension on retirement, that's something you'll need to consider when figuring out how much you'll have to live on.

And with the best will in the world, an extra $10.74 per hundred dollars won't make up for a pension cut, if push comes to shove.