Published 2 years ago • loading... • Updated 2 years ago

Florida now has the highest inflation rate in the US.

Florida has become the inflation hotspot of the country due to sky-high housing costs. The Miami-Fort Lauderdale-West Palm Beach area has the highest inflation rate of all U.S. Metro areas with a 9% inflation rate, while the Tampa-St. Petersburg-Clearwater area has the third-highest inflation rate at 7.3%.
The growing population in Florida has contributed to the increase in inflation, particularly through higher housing costs. The trend accelerated during the pandemic when remote work allowed people to relocate. Factors such as rising interest rates, limited housing stock, and expensive property insurance have also pushed up housing costs.

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Miami Herald

Lean Left

DeSantis has hammered Biden on rising prices. Now Florida is an inflation hotspot.

2 years ago·Miami, United States

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Sun Herald

Center

DeSantis has hammered Biden on rising prices. Now Florida is an inflation hotspot.

The cost of living is increasing at about twice the national average, and insurers are pulling out of the state.

2 years ago·Gulfport, United States

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McClatchy DC Bureau

Lean Left

DeSantis has hammered Biden on rising prices. Now Florida is an inflation hotspot.

As he relentlessly accuses President Joe Biden and national Democrats of fueling rising costs and fiscal mismanagement, Florida Gov. Ron DeSantis is facing stubbornly high inflation in his own backyard.

2 years ago

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