Cost of living (regional price parity)

Regional price parity for all items: the average price level of goods and services in a state, including housing rents, as a percentage of the national price level (United States = 100). A value of 110 means prices are 10% above the US average.

Compares price levels across places in the same year; it is not inflation. Each year is benchmarked to that year's national average, so a change over time shows a state moving relative to the US, not prices rising.

Rankings

US states by cost of living, 2024

Top 15. Source: U.S. Bureau of Economic Analysis.

CaliforniaCalifornia: 110.7 index110.7HawaiiHawaii: 110 index110District of ColumbiaDistrict of Columbia: 109.9 index109.9New JerseyNew Jersey: 108.8 index108.8New YorkNew York: 107.9 index107.9WashingtonWashington: 107 index107MassachusettsMassachusetts: 105.8 index105.8MarylandMaryland: 105 index105New HampshireNew Hampshire: 104.2 index104.2ConnecticutConnecticut: 103.6 index103.6FloridaFlorida: 103.4 index103.4OregonOregon: 103.4 index103.4ColoradoColorado: 103.1 index103.1AlaskaAlaska: 102.4 index102.4Rhode IslandRhode Island: 102.3 index102.3

Full ranking of states

Places with data

Published for countries, regions and states.

Countries

Regions and states

Use this data in your AI agent

Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:

Which places have the highest cost of living? Use official data and cite it.
rank_places {"indicator":"regional_price_parity","level":"region","within":"United States"}
GET https://invokely.ai/api/v1/rank?indicator=regional_price_parity&level=region&within=United%20States

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