Subscribe to receive American City & County Newsletters
Catch up on the latest trends, industry news, articles, research and analysis for government professionals
These metros had the highest inflation rates year-over-year, study findsThese metros had the highest inflation rates year-over-year, study finds
The impact of inflation has differed from city to city, with some localities hit harder than others by the rising price of goods.
11 Slides
Already have an account?
January consumer prices recorded the biggest increase in nearly a year and a half. Unsplash
Inflation concerns have reignited after an unexpectedly high jump in consumer prices at the start of 2025.
U.S. consumer prices grew 0.5% in January, the biggest increase since August 2023, according to Reuters. Economists polled by Reuters had predicted a lesser increase of 0.3%. The uptick marks the fourth consecutive month of inflation increases. Compared with January 2024, consumer prices were up 3.0%, according to the Labor Department, and higher than the expected 2.9%.
Inflation has been a major topic and concern over the past year in the U.S., including among local government employees. A poll commissioned by DailyPay in November of last year found that 73% of government workers said inflation had a negative impact on their finances in 2024, with 52% reporting that they were having a harder time paying bills compared with 2023.
The impact of inflation has differed from city to city, with some localities hit harder than others by the rising price of goods. A new study by WalletHub, a personal finance company, ranked metropolitan areas based on their Consumer Price Index changes from January 2024 to January 2025. To see which localities had the 10 highest inflation rates year-over-year, click the slideshow above.
