California, Washington, DC, and several states in the Northeast have a high cost of living based on goods and services.

Rates of currency conversion that equalise the same ‘basket of goods’ and services in all countries, reflecting only differences in the volume of goods and services purchased, and eliminating the ...

Purchasing power parities (PPPs) are primarily used to convert economies’ national accounts expenditures on GDP and its components into a common currency. PPPs control for differences in price levels ...

"Regional price parities measure the differences in price levels across states for a given year and are expressed as a percentage of the overall national price level," BEA said in a news release.