Regional Price Parities
Category: Prices and costs
Overview: Regional Price Parities (RPPs) are price indexes that measure the price level differences between places for one time period.
Unit of Analysis: Expenditure Class
Coverage: Food, apparel, recreation, transportation, housing, education, medical, and other goods and services as well as for rents
Geographic Detail: State, metro, county
Form: Pre-defined tables
Frequency: The release of 2006-11 RPPs is planned for summer 2012.
Access: Excel data tables
Key Data Element: Spatial price index (US = 100)
Potential Uses for Regional Analysis: Compare price levels across different geographic areas in general and for specific groups of goods and services. Adjust regional measures of income and output for price level differences.
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