Inflation reached a forty-year high in the US last May, and Americans continue to face increased costs for everything from food staples to housing.
In some parts of the country, inflation is rising more quickly than in others. Using the Consumer Price Index for the latest month with available data, two months prior and a year prior, WalletHub compared 22 major Metropolitan Statistical Areas (MSAs) to find out which have seen the biggest changes in inflation rate in the short- and long-term.
Top Three MSAs Where Inflation Is Rising The Most
- Tampa-St. Petersburg-Clearwater, FL
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Phoenix-Mesa-Scottsdale, AZ
Via WalletHub.