Inflation is affecting the entire population of the United States as prices continue to weigh on families, but certain California cities feel the effects more than others.
In a new one to learn WalletHub ranked cities based on how much inflation is rising. The study pointed to the 8.2% annual inflation rate over the past month, but noted that some cities feel costs are rising more than others. The report examined 23 statistical metropolitan areas. The website examined the CPI information available for the last month and compared it to data from two months ago and one year earlier.
Inflation rises the most in the Phoenix-Mesa-Scottsdale area of Arizona, with Atlanta-Sandy Springs-Roswell, Georgia, Miami-Fort Lauderdale-West Palm Beach, Florida, Tampa-St. Petersburg-Clearwater, Florida; Baltimore-Columbia-Towson, Maryland; and Dallas-Fort Worth-Arlington, Texas.
In California, San Diego-Carlsbad was eighth, Los Angeles-Long Beach-Anaheim was 12th, Riverside-San Bernardino-Ontario was 13th, and San Francisco-Oakland-Hayward was 22nd.
The areas where inflation is rising the most in California all voted for President Joe Biden in the 2020 presidential election.
County of San Diego tuned for Biden at 60.2% versus Trump’s 37.5%, while 71% of Los Angeles County voters supported Biden.
Riverside County backed Biden with 53% and San Bernardino County voted 54.2% for Biden, with Trump receiving 43.6% of the vote there. Anaheim, California is in Orange County, which voted 53.5% for Biden.
Oakland and Hayward are in Alameda County, which voted 80.2% for Biden. San Francisco County voted 85.3% for Biden.
In September, inflation rose by 8.2% yoy, which was higher than expected, although slightly down from August. Inflation rates hurt Americans on a daily basis as the rising costs affect certain things that are essential to daily living.
Grocery costs rose 13% in September from a year earlier, and certain products have risen sharply over the past year. These items include butter and margarine up 32.2%, eggs up 30.5% and flour up 24.2% CNBC. Fruits and vegetables are also up 10.4%.
Even the cost of daycare and preschool increased by 5.1%, and clothing by 5.5%.
Gasoline prices have fallen a bit from aggressive costs over the summer, but the country Average is still $3.90 per gallon. Energy costs are affecting many Americans as they have increased by 19.8%. The number includes electricity, heating oil and petrol.