Inflation rates in this city are among the poorest in the U.S., excluding New York, California, and Florida.

Inflation rates in this city are among the poorest in the U.S., excluding New York, California, and Florida.
Inflation rates in this city are among the poorest in the U.S., excluding New York, California, and Florida.

Across the country, prices for everyday items are steadily increasing, with some areas experiencing more significant hikes than others, particularly in the Dallas-Fort Worth region.

Despite a national year-over-year inflation rate of 3%, Dallas-Fort Worth's inflation rate has remained at approximately 5% in 2024, according to a recent WalletHub report.

Among 23 major U.S. metro areas, only Honolulu is second to Dallas-Fort Worth in terms of inflation, with a 1% increase over the past two months. Despite being known for a high cost of living, cities like New York City and Los Angeles have not experienced as much inflation as Dallas-Fort Worth.

The significant housing shortage and restrictive government policies have led to a "relatively high inflation rate" in Dallas-Fort Worth, according to WalletHub analyst Cassandra Happe.

The Dallas Morning News reports that substantial increases in energy prices, including electric bills, and persistent inflation in key areas like medical care and transportation services have been linked to hospital consolidation and urban sprawl, respectively.

Honolulu is the only other city, aside from Dallas-Fort Worth, with year-over-year inflation of 5% or higher.

The worst metro areas for inflation, as ranked by WalletHub, are determined using an index that equally weighs year-over-year inflation and inflation over the past two months, as of June 2024.

1. Dallas-Fort Worth, Texas

  • Two-month change: 1.00%
  • One-year change: 5.00%

2. Urban Honolulu

  • Two-month change: 0.70%
  • One-year change: 5.20%

3. New York City

  • Two-month change: 1.10%
  • One-year change: 4.20%

4. Detroit

  • Two-month change: 1.00%
  • One-year change: 3.40%

5. Riverside-San Bernardino-Ontario, CA

  • Two-month change: 0.60%
  • One-year change: 4.00%

5. Boston

  • Two-month change: 0.60%
  • One-year change: 4.00%

7. St. Louis

  • Two-month change: 0.80%
  • One-year change: 3.40%

8. Washington, D.C.

  • Two-month change: 0.80%
  • One-year change: 3.30%

9. Seattle

  • Two-month change: 0.40%
  • One-year change: 3.80%

10. San Diego

  • Two-month change: 0.50%
  • One-year change: 3.20%

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