SoCal Cities Lead the U.S. in Inflation — and Housing Costs Are a Major Reason Why

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Organizers with Housing Long Beach, a local advocacy group, hang up a sign in the courtyard of an apartment complex on Cedar Avenue in Long Beach. (Credit: Katie Falkenberg / Los Angeles Times)

Organizers with Housing Long Beach, a local advocacy group, hang up a sign in the courtyard of an apartment complex on Cedar Avenue in Long Beach. (Credit: Katie Falkenberg / Los Angeles Times)

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Nationally, consumer prices are barely moving, with inflation clocking in at just 1.8% for May. But if you live in a major urban area of California, you’ve noticed a much bigger hit.

Among the chief culprits? Housing costs.

The U.S. Bureau of Labor Statistics reported Wednesday that a handful of California metropolitan areas saw the greatest jump in the consumer price index in May. San Diego County saw the largest increase, with inflation rising 3.8% from a year earlier. That was followed by Los Angeles and Orange counties, where consumer prices rose 3.1%.

In the Inland Empire counties of Riverside and San Bernardino, the inflation index climbed 2.9%. The San Francisco Bay Area, where the latest data is from April, saw inflation jump 4%.

Read the full story on LATimes.com

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