Cities with the highest inflation

Inflation is up, just like I and other analysts predicted would happen under a Trump administration, by 3 percent for January. And, it’s only going to get worse.

President Trump has so many consumer unfriendly ideas including huge tariffs, even on allies, and dismantling federal agencies that provide needed services.

To determine how inflation is impacting people in different cities, WalletHub, a personal finance website, compared 23 major metropolitan statistical areas or MSAs across two consumer price index or CPI key metrics. It compared the CPI for the latest month for which data is available to two months prior and one year prior to get a snapshot of how inflation has changed in the short and long term.

For monetary policy, the Federal Reserve will need to hold course on interest rates if they want to push inflation lower. However, with President Trump there are so many unknown factors.

Then, in addition, it’s likely corporations will price gouge like they did during covid when prices could have been reduced, but they weren’t, and the win-fall went to shareholders, not consumers.

The cities with the biggest inflation problems are:

1. Chicago-Naperville-Elgin, IL-IN-WI

2. San Diego-Carlsbad, CA

3. Boston-Cambridge-Newton, MA-NH

4. Urban Honolulu, HI

5. Riverside-San Bernardino-Ontario, CA

6. New York-Newark-Jersey City, NY-NJ-PA

7. Dallas-Fort Worth-Arlington, TX

8. Minneapolis-St. Paul-Bloomington, MN-WI

9. Los Angeles-Long Beach-Anaheim, CA

10. Tampa-St. Petersburg-Clearwater, FL

The photo above is Naperville, Illinois, by Sea Cow.

This map shows the cities with the highest inflation, with top ranking having the smallest numbers:

Source: WalletHub

So, good luck to us all. Inflation is going to get worse and it’s the low-income people who will be hurt the most.