Income

California vs New York: Regional Price Parity

California has a lower official price level than New York.

California

CA · West

Winner

113.4

Official price level relative to the national average (100 = U.S. average).

New York

NY · Northeast

114.8

Official price level relative to the national average (100 = U.S. average).

Visual comparison

California113.4

New York114.8

Difference: 1.4 points — California leads.

National Rankings

Where They Rank Nationally

See where both states fall among all 50 states for regional price parity.

California #48 · 113.4

New York #49 · 114.8

Best Worst

10 Best States — Regional Price Parity

Lower is better

Mississippi

85.5

Arkansas

86.1

West Virginia

86.7

Alabama

87.2

Oklahoma

88.4

Kansas

88.9

Kentucky

89.1

Missouri

89.5

Indiana

89.9

#10

Iowa

90.4

Selected states

#48

California

113.4

#49

New York

114.8

California ranks 48th and New York ranks 49th nationally for regional price parity.

Related context

Price Parity in Context

Regional price parity is the government's official measure of how expensive a state is relative to the US average.

MetricCaliforniaNew York

Purchasing Power of $100 $92.31 $88.30 Cost of Living Index 138.5 132.7 Median Household Income $84,097 $78,609 Median Home Value $693,700 $367,200 Gas Price $5.929/gal $4.069/gal Electricity Rate 30.29 c/kWh 28.37 c/kWh

What this means