The Top Five Highest Inflation Cities Includes A Surprise From Illinois

Inflation continues to rise in America.  Consumer prices rose 3.5% in March.  This has likely dashed hopes of any type of interest rate cut from the Federal Reserve till at least Fall.

While consumers are feeling the price crunch everywhere, there are certain areas of the country getting hit harder.  One of those cities is in Illinois and is probably not the one you are thinking of.

1 - Honolulu, Hawaii

The price of living in paradise.  A study found that living in Hawaii's largest city has become even more expensive with CPI up 1.5% in March and up 4.8% from just a year ago.

2 - Miami, Florida

Another warm sunny place where a lot of people want to live.  And it's not just Miami getting hit hard in Florida.  Fort Lauderdale and West Palm Beach are also seeing high inflation.

3 - Riverside-San Bernardino-Ontario, California

Are you surprised California is on the list?  Or are you surprised they are only on the list once and it's this low on the list?

Inflation has risen 1.4% over the past two months, and 4.3% from a year ago in the sunny California metropolitan area.

4 - St. Louis, Missouri and Illinois

You thought it was going to be Chicago, didn't you?  However according to the study on Fox Business, "Both sides of the border of Missouri and Illinois ranked fourth in highest inflation in the U.S. last month. Prices in the MSA were up 1.6% in March compared to two months earlier and climbed 3.6% from the same month in 2023."

5 - Dallas, Texas

Having lived in Dallas this doesn't surprise me.  Great city with great memories.  But it wants everything bigger.  As the city and area rapidly grow, so do material, living space, and cost.

Keep pinching those pennies...or maybe dollars...as there is no end in sight to America's inflation in these cities and even your big or small town.