12 cities hit hardest by inflation

The consumer price index jumped by 7.1 percent in November from a year earlier. But in a dozen cities, the 12-month change to the CPI was much greater. 

The U.S. Bureau of Labor Statistics said Dec. 13 that the CPI, a key measure of inflation, was up by 7.1 percent in November from a year prior. That marks the smallest 12-month increase since the period ending December 2021. But in a dozen cities, the 12-month change to the CPI was much greater. 

To determine the difference in inflation growth between 23 major metropolitan statistical areas, WalletHub compared key metrics related to the CPI for the latest month for which BLS data is available to two months prior and one year prior to assess how inflation changed in the long-term.

Below are the MSAs where inflation has increased the most from the latest month to one year prior. Find Wallethub's full rankings, published Dec. 13, here.

Cities with most long-term growth to inflation 

1. Phoenix: 12.1 percent 
2. Atlanta: 10.7 percent 
3. Miami: 10.1 percent 
4. Tampa, Fla.: 9.6 percent 
5. Seattle: 8.9 percent 
6. Detroit: 8.5 percent 
7. Baltimore: 8.4 percent 
    Dallas: 8.4 percent 
8. Philadelphia: 7.8 percent
9. Anchorage, Alaska: 7.6 percent
    Houston: 7.6 percent 
10. Riverside, Calif.: 7.5 percent

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>