Regional location impacts city prices in U.S., affecting cost of living.
The study looked at how different regions in the U.S. affect prices in cities. They found that prices are more similar in cities within the same region. However, distance plays a role too - prices vary more in the West. Prices change less in the Northeast. If a city is in the South or West, prices vary more. Cities in the South are more likely to have similar prices, while having a city in the West makes prices less likely to be similar.