About the Beach Price Index
The Beach Price Index (BPI) is a fixed-basket price index for a day at the beach, built the same way official consumer price indices are built: price a small, fixed basket of goods, compare the total to a baseline basket cost, and express the ratio on a scale where 100 means "same as baseline." Here the basket is four common beach-day items — lounger or umbrella rental, sunscreen, ice cream, and one drink.
The formula
- Basket cost = lounger/umbrella rental + sunscreen + ice cream + drink (per person)
- Beach Price Index = (basket cost / baseline basket cost) × 100
- Total cost for group = basket cost × party size
An index of 100 means your basket costs exactly the baseline amount you entered. An index of 130 means the basket is 30% more expensive than that baseline; an index of 70 means it is 30% cheaper. The baseline is whatever reference cost you choose — a nearby beach's basket, last year's prices at the same spot, or a regional average — so state your chosen baseline whenever you share the index number.
Using the result
The index is only as meaningful as the baseline behind it, so treat it as a comparison tool, not an absolute price rating. Use it to compare the same basket across two beaches, track how a single beach's basket changes over a season, or decide whether a posted lounger/sunscreen/snack combo is a good deal relative to what you normally pay. It does not include parking, travel, food beyond the basket, or lodging — add those separately if you want an all-in trip cost.