Regional Price Parities (RPP), produced by the BEA, measure differences in price levels across states and metropolitan areas relative to the national average. RPP allows conversion of nominal income and GDP into real terms, providing cost-of-living-adjusted comparisons across regions.
On a data platform, RPP data integrate with personal-income and GDP measures to illuminate purchasing power, competitiveness, and quality-of-life metrics. RPP supports compensation benchmarking, policy evaluation, and regional planning. Its consistent methodology and geographic breadth make it a trusted statistical dataset for analysts exploring economic disparities and affordability nationwide.