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
Timeframe: 2005-2009
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.
For Additional Information:
- “Regional Price Parities by Expenditure Class for 2005-2009 in the May 2011 issue of the Survey of Current Business
- Program Email: rpp@bea.gov
- Contacts:
- Eric Figueroa (eric.figueroa@bea.gov); phone: (202) 606-9328
- Troy Martin (troy.martin@bea.gov); phone: (202) 606-9207
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Go to … Hartford, Young Man? | Connecticut News Feed
[…] graph above compares a informal cost parities (RPPs) of a Hartford metro area (orange) in 2009 and 2012 with a metros of Chicago, Minneapolis, and New […]