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.
Sebastian-Vero Beach-West Vero Corridor, FL: RPP components
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 items98.3
Goods96.2
Housing rents101.6
Utilities87.3
Other services98.9
0101.6
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$1,171
1 bedroom$1,179
2 bedrooms$1,542
3 bedrooms$1,882
4 bedrooms$2,577
0$2,577
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.
No matching BLS metro CPI series is assigned here. The national and regional CPI series on the home page provide wider context, but do not measure this metro’s inflation.
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
93.5
2009
90.4
2010
95.0
2011
92.1
2012
92.9
2013
95.0
2014
93.1
2015
91.8
2016
94.2
2017
91.9
2018
94.1
2019
94.3
2020
95.2
2021
98.1
2022
95.3
2023
97.3
2024
98.3
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
98.3
Goods
96.2
Housing rents
101.6
Utilities
87.3
Other services
98.9
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
$1,171
1 bedroom
$1,179
2 bedrooms
$1,542
3 bedrooms
$1,882
4 bedrooms
$2,577
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.