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Cities Where Inflation is Rising The Most
By WalletHub
With the year-over-year inflation rate at 4.9% in April, the personal-finance website WalletHub today released its report on the Cities Where Inflation is Rising the Most, as well as expert commentary.
To determine the cities where inflation is rising the most – and thus is the biggest problem – WalletHub compared 23 major MSAs (Metropolitan Statistical Areas) across two key metrics involving the Consumer Price Index, which measures inflation. We compared the Consumer Price Index for the latest month for which BLS data is available to two months prior and one year prior to get a snapshot of how inflation has changed in the short and long term.
Inflation Rise in Miami (1=Most, 12=Avg.):
- 4th – Consumer Price Index Change (Latest month vs 2 months before)
- 1st – Consumer Price Index Change (Latest month vs 1 year ago)
For the full report
| Overall Rank | MSA | Total Score | Consumer Price Index Change (Latest month vs 2 months before) |
Consumer Price Index Change (Latest month vs 1 year ago) |
|---|---|---|---|---|
| 1 | Miami-Fort Lauderdale-West Palm Beach, FL | 83.33 | 1.40% | 9.00% |
| 2 | Detroit-Warren-Dearborn, MI | 79.66 | 2.10% | 6.60% |
| 3 | Phoenix-Mesa-Scottsdale, AZ | 72.16 | 1.50% | 7.40% |
| 4 | Tampa-St. Petersburg-Clearwater, FL | 65.17 | 1.10% | 7.70% |
| 5 | Seattle-Tacoma-Bellevue, WA | 56.01 | 1.00% | 6.90% |
| 6 | Dallas-Fort Worth-Arlington, TX | 53.83 | 1.30% | 5.80% |
| 7 | Denver-Aurora-Lakewood, CO | 52.99 | 1.30% | 5.70% |
| 8 | Chicago-Naperville-Elgin, IL-IN-WI | 52.50 | 1.60% | 4.80% |
| 9 | San Diego-Carlsbad, CA | 42.45 | 1.00% | 5.30% |
| 10 | Houston-The Woodlands-Sugar Land, TX | 38.58 | 1.30% | 4.00% |
| 11 | Washington-Arlington-Alexandria, DC-VA-MD-WV | 36.04 | 1.30% | 3.70% |
| 12 | Baltimore-Columbia-Towson, MD | 35.31 | 0.70% | 5.30% |
| 13 | Atlanta-Sandy Springs-Roswell, GA | 34.79 | 0.50% | 5.80% |
| 14 | Los Angeles-Long Beach-Anaheim, CA | 24.98 | 0.80% | 3.80% |
| 15 | St. Louis, MO-IL | 23.61 | 0.60% | 4.20% |
| 16 | Anchorage, AK | 19.05 | 0.80% | 3.10% |
| 17 | San Francisco-Oakland-Hayward, CA | 18.85 | 0.40% | 4.20% |
| 18 | Boston-Cambridge-Newton, MA-NH | 18.32 | 0.20% | 4.70% |
| 19 | Urban Honolulu, HI | 15.98 | 0.60% | 3.30% |
| 20 | Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 15.94 | 0.10% | 4.70% |
| 21 | Riverside-San Bernardino-Ontario, CA | 12.71 | 0.00% | 4.60% |
| 22 | Minneapolis-St.Paul-Bloomington, MN-WI | 12.07 | 0.40% | 3.40% |
| 23 | New York-Newark-Jersey City, NY-NJ-PA | 5.09 | 0.00% | 3.70% |
