Regional Price Parities
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 were California, at 112.6, New Jersey at 108.9 and Hawaii, at 108.6. The RPP in the District of Columbia was 110.8. States with the lowest RPPs were Arkansas, at 86.5, Mississippi, at 87.3, and South Dakota, at 88.1. Across states, California had the highest RPP for housing rents, at 157.8, and Mississippi had the lowest, at 54.9. The RPP for housing rents in the District of Columbia was 168.5.
- Current Release: December 12, 2024
- Next release: December 11, 2025
What are Regional Price Parities (RPPs)?
Allows comparisons of buying power across the 50 states and the District of Columbia, or from one metro area to another, for a given year. Price levels are expressed as a percentage of the overall national level.
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Regional Price ParitiesEric Figueroa