WalletHub wanted to find out which cities are experiencing inflation’s rise the most keenly. So, using data from the Bureau of Labor Statistics (BLS), WalletHub compared 23 Metropolitan Statistical Areas across two key metrics involving the Consumer Price Index, an index used to measure 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,” the site explains. The data was then ranked to see what cities are experiencing the most intense inflation, and put into an easy-to-read map. Here’s what WalletHub found.
Cities Where Inflation Is Rising The Most
Cities Where Inflation Is Rising The Least
Although this data probably doesn’t indicate we need to move to Alaska to be able to afford the basic needs of our families — and we probably don’t have to move out of Arizona — it does highlight that more needs to be done by state and federal officials to help offset the increasing financial strain on families.
