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The finance site evaluated 23 of the biggest U.S. metro areas based on inflation, scoring them on a scale of 0 to 100, with 100 representing the highest inflation rate. Who was number one? Cities ...
Inflation has affected people in virtually every town and city across the U.S. since 2023. But some major cities got hit worse than others, according to a recent study from WalletHub.com. Check...
Data from the Consumer Price Index (CPI), a key metric from the Bureau of Labor Statistics used to measure inflation, show that prices increased 3.2 percent between February 2023 and February 2024 ...
Phoenix is expected to build roughly 20,000 apartments in 2024, granting it the fourth-highest apartment construction rate of any U.S. city, a RentCafe study in August found.
The typical rate on a 30-year fixed-rate mortgage is 6.6% as of Dec. 12, 2024. It’s fallen by 0.35% year-over-year. For 15-year fixed-rate mortgage loans, the average rate is 5.84%, a 0.54% one ...
However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.
July 2024 data showed that the inflation rate had dropped to 2.9%, the lowest since March 2021, with used car prices returning to normal following the 2020–2023 global chip shortage. [182] Increases in rent, [ 183 ] childcare [ 184 ] and electricity [ 185 ] still outpaced inflation at around 5%.
Story at a glance The area in Florida surrounding Tampa, St. Petersburg and Clearwater has the highest inflation rates in the country, according to a new WalletHub analysis. While the U.S. has ...