We present a new calibration of the relationship between the absolute
magnitudes and metal abundances, [Fe/H], of RR Lyrae stars. Temperatur
es inferred from optical and near-infrared color indices and the new K
urucz models are utilized in conjunction with Baade-Wesselink solution
s to derive absolute magnitudes. Temperatures inferred from the optica
l and near-infrared photometry are similar to 200-300 K higher for the
variables than those given from (V-K) color indices and the older Kur
ucz models. We find M-v = 0.28[CFe/H] + 0.964. This equation gives hig
her luminosities (similar to 0.2 mag) for the metal-poor variables tha
n previous B-W calibrations. The RR Lyrae stars in the Large Magellani
c Cloud in conjunction with our calibration yield a distance modulus o
f 18.53. Thus, the Cepheids and RR Lyrae stars give identical distance
moduli at less than or equal to 0.1 mag level. The repercussions of t
he higher temperatures and higher luminosities of RR Lyrae stars on th
e distances and ages of globular clusters, distance to the galactic ce
nter, the Hubble constant and age of the Universe, and the masses of R
R Lyrae stars are discussed.