Regional Price Parities by State and Metro Area

Regional price parities (RPPs) measure the differences in price levels across states and metropolitan areas for a given year and are expressed as a percentage of the overall national price level. States with the highest RPPs in 2024 were California, at 110.7, Hawaii, at 110.0 and New Jersey, at 108.8. The RPP in the District of Columbia was 109.9. States with the lowest RPPs were Arkansas, at 86.9, Mississippi, at 87.0, Iowa, at 87.8 and Oklahoma, at 87.8. Across states, California had the highest RPP for housing rents, at 154.3, and West Virginia had the lowest, at 54.2. The RPP for housing rents in the District of Columbia was 155.0.