Cost of Living: state by state comparison

Apps:

1. Salary comparison app State comparison of wages across multiple industries

• Salary data provided by U.S. Bureau of Labor Statistics (May 2019)
• Regional Price Parity data provided by the U.S. Bureau of Economic Analysis (data from 2018; updated May 2020)

2. Real Personal Income app State comparison of personal income adjusted for price parity

• data provided by the U.S. Bureau of Economic Analysis (data from 2018; updated May 2020)

Real Personal Income data notes from BEA:

• 1/ Real personal income for states is personal income divided by the RPPs and the national PCE price index. The result is a chained dollar (using 2012 as the base year) estimate of real personal income. Calculations are performed on unrounded data.
• 2/ Real per capita personal income is total real personal income divided by total midyear population.
• Last updated: May 18, 2020-- new statistics for 2018; revised statistics for 2010-2017. Real per capita personal income was revised 2010-2017.
• Regional Pricing Parity

Regional Price Parity data notes from BEA:

• Last updated: May 18, 2020-- new statistics for 2018; revised statistics for 2016-2017.

Data sources:

1. World Population Review https://worldpopulationreview.com/states/cost-of-living-index-by-state/

   • Cost of living by state 2020

2. U.S. Bureau of Labor Statistics https://www.bls.gov/oes/current/oes_hi.htm

   • May 2019 State Occupational Employment and Wage Estimates

3. U.S. Bureau of Economic Analysis https://apps.bea.gov/iTable/index_regional.cfm

   • SARPI Real Personal Income by State
   • SARPP Regional Price Parities by State