Skip to content
MoveMath
Menu

What Are Regional Price Parities?

BEA Regional Price Parities compare price levels across states and metros (US = 100). For 2024, San Francisco is highest at 115.6 and Monroe, LA lowest at 83.6.

By MoveMath Editorial TeamUpdated October 13, 2026

Regional Price Parities (RPPs) are the Bureau of Economic Analysis’s measure of how much price levels differ across states and metro areas in a given year, expressed against the national average (US = 100). In the current release — data year 2024, published February 19, 2026 — San Francisco has the highest metro RPP at 115.6 and Monroe, Louisiana the lowest at 83.6. A value of 115.6 means the same mix of goods and services costs about 15.6% more than the US average.

BEA publishes RPPs for all 50 states, the District of Columbia and 387 metropolitan areas (BEA Regional Price Parities). Puerto Rico is not covered. Among states, California (110.7), Hawaii (110.0) and New Jersey (108.8) are highest for 2024; Arkansas (86.9) and Mississippi (87.0) are lowest.

The five numbers BEA publishes

Index What it covers
All items Weighted average of everything below
Goods Food, apparel, vehicles, gasoline and other goods
Housing (rents) Rent levels, measured from Census survey data on tenant rents
Utilities Electricity, natural gas and water
Other services Medical care, education, recreation, transportation and other services

BEA builds the index from Bureau of Labor Statistics consumer price data for goods and services, Census American Community Survey microdata for rents and utilities, Energy Information Administration electricity and natural gas prices, and spending weights from BEA’s personal consumption expenditures by state (BEA RPP methodology; 2023 source-data update).

Selected metros, all five indexes (2024)

Metro All items Goods Housing Utilities Other services
San Francisco, CA 115.6 108.5 194.7 172.6 106.2
Miami, FL 114.2 103.6 155.6 97.2 109.1
Los Angeles, CA 113.6 106.6 170.4 158.6 104.4
New York, NY-NJ 112.6 110.3 148.6 127.0 105.8
Seattle, WA 111.1 104.0 151.3 92.8 106.8
Denver, CO 105.8 101.0 146.9 87.9 99.4
Chicago, IL-IN 103.6 107.3 112.0 83.6 100.5
Phoenix, AZ 103.3 95.0 121.2 93.3 104.0
Dallas, TX 103.1 102.8 117.9 90.7 99.7
Austin, TX 98.1 93.8 120.4 82.0 96.2
Nashville, TN 96.3 96.2 104.6 72.0 95.1
Memphis, TN-MS-AR 92.2 96.2 79.8 74.1 95.4
Wichita, KS 88.9 94.0 66.2 88.5 93.8
Monroe, LA 83.6 93.7 42.8 72.2 95.7

Source: BEA Regional Price Parities by metropolitan area, 2024 (MARPP release).

What the components tell you

Housing drives most of the spread. Metro housing indexes run from 42.3 (Johnstown, PA) to 211.9 (San Jose, CA). Goods vary far less, from 93.6 (Hot Springs, AR) to 111.6 (Urban Honolulu). Monroe’s all-items 83.6 comes mostly from rents at 42.8; its goods prices (93.7) are only about 6% below average.

Components can point different ways. Chicago’s goods index (107.3) is higher than Dallas’s (102.8), but its housing index is lower (112.0 vs 117.9). An all-items number alone hides that.

Utilities are a separate line. Los Angeles (158.6) and San Francisco (172.6) have high utility price levels, while Nashville (72.0) is low. Renters see utilities folded into gross rent; owners pay them separately.

What the RPP leaves out

RPPs do not include income taxes, payroll taxes or local tax add-ons. Portland, Oregon (105.4) has a lower RPP than Seattle (111.1), yet a single earner on $150,000 keeps $4,920 more a year in Seattle after 2026 taxes and living costs, because Oregon taxes wages and Washington does not. See why taxes matter in a cost-of-living index.

How MoveMath uses RPPs

For each budget, MoveMath’s engine:

  1. Takes the USDA food plan cost (August 2026 report) and multiplies it by the metro’s goods index ÷ 100. A single adult on the Moderate-Cost plan comes to $413 a month in Austin (goods 93.8) and $486 in New York (goods 110.3).
  2. Scales your “other goods” spending by the goods index and “other services” by the other-services index. Those baselines are your inputs, not data.
  3. Prices rent with HUD Fiscal Year 2027 Fair Market Rents for the bedrooms you need, rather than the housing index, because HUD publishes a dollar rent by unit size.
  4. Adds 2026 federal, state and local taxes, state sales tax, and EIA gasoline and electricity prices.

The relocation budget planner shows each line with its source.

Getting the data yourself

BEA’s interactive tables and bulk files cover states (SARPP), metro areas (MARPP) and the metro and nonmetro parts of each state (PARPP). Every MoveMath metro page, such as San Francisco, Nashville and Monroe, shows the metro’s five indexes next to its state’s.

Frequently asked questions

Which metro has the highest Regional Price Parity?+

San Francisco-Oakland-Fremont, CA, at 115.6 for 2024 — prices about 16% above the national average. Miami (114.2) and Los Angeles (113.6) follow.

Which metro has the lowest?+

Monroe, Louisiana, at 83.6 for 2024, with Eagle Pass, Texas and Dothan, Alabama both at 83.8.

Does BEA publish RPPs for rural areas?+

Yes, for the nonmetropolitan part of each state. Delaware, the District of Columbia, New Jersey and Rhode Island have no nonmetro areas, so they have none.

When is the next release?+

BEA lists December 10, 2026 for the next Regional Price Parities release. The current 2024 figures were released February 19, 2026.

Can I use an RPP to adjust my salary?+

Only roughly. Dividing pay by the ratio of two RPPs adjusts for prices but ignores differences in state and local income tax, the rent for the bedrooms you need, and childcare. MoveMath's cost of living calculator includes those.

Keep reading