BEA regional price parities, 2024

Compare a wage in two metros

The dollars BLS published, then those dollars in national prices. A higher wage in a more expensive metro can buy less.

Marketing Managers in Ann Arbor, MI and Houston-Pasadena-The Woodlands, TX

MetroPublished medianEmploymentPrice parityIn national prices
Ann Arbor, MI$141,000260100.880$139,770
Houston-Pasadena-The Woodlands, TX$153,0308,93098.629$155,157

Marketing Managers in Ann Arbor, MI · Marketing Managers in Houston-Pasadena-The Woodlands, TX

A wage of $137,854 in Houston-Pasadena-The Woodlands, TX has about the same purchasing power as the $141,000 median in Ann Arbor, MI. In the other direction, $156,523 in Ann Arbor, MI matches the $153,030 median in Houston-Pasadena-The Woodlands, TX.

Price parities describe a broad price level for 2024. Wages are May 2025. The index is not a household budget and it is not a cost-of-living allowance. How the comparison works.

Questions this page answers

How are wages adjusted for local prices?

A nominal wage is divided by the metro's 2024 all-items regional price parity and multiplied by 100. The United States equals 100. The parity is the Bureau of Economic Analysis series released February 19, 2026. The wages are the May 2025 OEWS estimates.

What salary in one metro matches a salary in another?

Multiply the salary by the second metro's price parity and divide by the first metro's price parity. The comparison page does that for the published median and for a wage you enter.