Regional Price Parities for States and Metropolitan Areas, 2006-2010

摘要

REGIONAL PRICE PARITIES (RPPs) are spatial price indexes that measure price level differences across regions for one time period. In this article, we present three sets of experimental estimates of RPPs for 2006-2010: (1) for the 50 states and the District of Columbia, (2) for the metropolitan and nonmetropolitan portions of the states, and (3) for 366 metropolitan areas and the combined nonmetropolitan portion of the United States. Based on ongoing research at the Bureau of Economic Analysis (BEA), these RPPs combine data from the Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) program and Consumer Expenditure Survey with data from the Census Bureau's 5-year American Community Survey (ACS) to produce detailed estimates of price level differences across regions and across expenditure classes.