As part of their first official release of real income data last week BEA also released cost of living data for all states and metro areas.
That data also included a further breakout of cost of living expenditure classes including "rental" real price parity data for those same areas. I believe that "rental" in this context includes both rent of primary residence (rent) AND owners' equivalent rent of primary residence (rental equivalence); I have sent an email to BEA asking for confirmation.
I constructed the attached Excel workbook HERE (and embedded it below); it has two worksheets that allow users to
1. Insert any rent value for Oregon (or Portland metro area) and then
2. Select from a list up to 5 states (or metro areas) and then see what the comparable rent would have been in those other areas (in 2012).
I also included other worksheets in the workbook, including links to the source Rent RPP data that I used.
Originally created and posted on the Oregon Housing Blog.