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BEA Regional Price Parities by Metro Area

How expensive each of the nation's metropolitan areas is compared with the national average, every year since 2008, for everything people buy and separately for goods, rents, utilities and other services, with each area's price level over time. Use it to compare the cost of living between metro areas, to see how far housing costs set a region apart, or to adjust a comparison of metro incomes or wages for local prices.

Published by
U.S. Bureau of Economic Analysis
Source
BEA (regional economic accounts)
Original data
apps.bea.gov
Terms of use
Public domain
On the map
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From the publisher

The term "all items" refers to all the detailed consumption goods and services used in the estimation of the RPPs.

Housing expenditures consist of the monetary rents paid by tenants for tenant-occupied housing, an imputed rental value for owner-occupied dwellings (measured as the income the homeowner could have received if the house had been rented to a tenant), the rental value of farm dwellings, and spending on group housing. Housing price levels are only estimated for tenant-occupied housing.

Metropolitan Areas are defined (geographically delineated) by the Office of Management and Budget (OMB) bulletin no. 23-01 issued July 21, 2023.

Fields

What each record holds, as the publisher describes it: 10 fields.

FieldDescription
geoid
Metropolitan statistical area's CBSA code; 00000 the United States, 00999 its nonmetropolitan part
name
BEA's name for the area
year
Calendar year
rpp_all_items
Regional price parity, all items: the price level against the national average, United States = 100
rpp_goods
Regional price parity, goods
rpp_housing
Regional price parity, housing (rents)
rpp_utilities
Regional price parity, utilities
rpp_other_services
Regional price parity, other services
implicit_price_deflator
Implicit regional price deflator, 2017 = 100 for the United States
codes
BEA's code for each column it published no figure for ({"gdp": "D"}); null when every figure is published

More from BEA (regional economic accounts)

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