With inflation hitting an over 40-year high in June, the personal-finance website WalletHub today released its report on the Cities Where Inflation is Growing the Most, as well as accompanying videos and expert commentary.
To determine the cities where inflation is growing 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.
|Growing the Most||Growing the Least|
|1. Anchorage, AK||19. San Diego, CA|
|2. Phoenix, AZ||20. San Francisco, CA|
|3. Atlanta, GA||21. Boston, MA|
|4. Seattle, WA||22. New York, NY|
|5. Baltimore, MD||23. Honolulu, HI|
To view the full report and your city’s rank, please visit: