Here Is The #1 City In Texas For Rising Inflation
Inflation in Texas has been absolutely ridiculous. If you wanted to rent a house before this mess, you could probably find yourself renting a three-bedroom two bathroom home for about $975 on average, now houses usually start at least at $1200.
WHAT IS THE NUMBER ONE CITY WITH THE FASTEST RISE IN INFLATION IN TEXAS?
According to Wallet Hub, the Houston - Woodlands - Sugar Land area has the fastest rate of inflation in the Lone Star State. The consumer price index change comparison from the latest month versus two months before is 1.9% and the consumer price index change from the latest month versus a year ago is 5.20%. Wallet Hub compares 22 major metropolitan statistical areas across key metrics related to the consumer price index, which measures inflation and this is what was the end result.
WHAT DOES THE RISE OF INFLATION MEAN FOR THE GREAT STATE OF TEXAS?
Dallas is the number 2 city in Texas for rapid inflation, so it is definitely something I would keep an eye on. The reality of it is this inflation situation isn't like to end soon, so it’s important to know not only how to manage your money wisely, but how to save as much as you can while sticking to the essentials.