Regional Price Parities (RPPs) compare prices across places in the same year. An index of 110 means prices are 10% above the U.S. level; 90 means 10% below. RPP measures relative price levels, while CPI measures price change over time.
BEA 2024 regional context; each category is compared with its own U.S. = 100 benchmark. These are not county price estimates or spending shares.
All items102.6
Goods96.8
Housing rents113.1
Utilities114.4
Other services103.1
0114.4
Black marker: U.S. benchmark = 100 in each row.
Put the benchmark in context
Fair Market Rent (FMR) is HUD’s estimate of the 40th percentile gross rent for standard-quality rental homes occupied by recent movers. It includes rent and most tenant-paid utilities. A household’s actual rent can differ substantially by neighborhood, lease and property.
Monthly rent by bedroom
HUD FY2027 gross monthly FMR; includes most tenant-paid utilities. Dollars per month.
Studio$1,438
1 bedroom$1,558
2 bedrooms$1,860
3 bedrooms$2,216
4 bedrooms$2,445
0$2,445
Metro household income here is a population-weighted mean of available member-county median incomes, using HUD pop2024 weights. It is not a published metro median. Rent is weighted in the same way. Counties without an income or rent estimate are omitted from that measure. Membership follows the July 2023 Census CBSA delineation.
BLS publishes CPI for Philadelphia-Camden-Wilmington, PA-NJ-DE-MD. The latest available NSA all-items observation in this series is 2026-10; its 12-month change is not reported. CPI coverage may differ from the current CBSA boundary.
The source lacks a valid year-earlier observation for that latest month. The latest comparable 12-month change is 4.2% for 2026-08.
BLS May 2025 average annual pay across occupations is $71,730 in the matching JobPayFacts metro data. Individual-worker wages and household income measure different things.
The data in view
Price levels relative to the U.S.
BEA RPP, U.S. = 100 each year. This is not an inflation index.
View chart data
Period or category
Value
2008
106.4
2009
107.6
2010
106.3
2011
105.3
2012
103.9
2013
101.8
2014
102.4
2015
102.2
2016
102.5
2017
104.0
2018
103.2
2019
103.7
2020
102.3
2021
99.0
2022
100.7
2023
102.4
2024
102.6
Consumer prices over time
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD: NSA all-items annual averages (M13), 1982–84 = 100. Latest partial year is excluded.
View chart data
Period or category
Value
2015
243.9
2016
245.3
2017
248.4
2018
251.6
2019
256.6
2020
258.9
2021
269.4
2022
290.5
2023
303.3
2024
314.2
2025
324.1
Price levels by category
Each category has its own U.S. benchmark of 100. Components are indexes, not spending shares.
Category
2024 RPP
All items
102.6
Goods
96.8
Housing rents
113.1
Utilities
114.4
Other services
103.1
Monthly Fair Market Rent by bedroom
HUD 40th percentile gross rent for standard-quality units; includes tenant-paid utilities except telephone, cable and internet. These are benchmarks, not asking-rent medians.
Home size
FY2027 monthly gross rent
Studio
$1,438
1 bedroom
$1,558
2 bedrooms
$1,860
3 bedrooms
$2,216
4 bedrooms
$2,445
Member counties and equivalents
Income: ACS 2020–2024. Rent: HUD FY2027. Rent / income = 12 × 2BR FMR ÷ median household income; it does not measure actual renter burden.