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10 Cities Where Cost of Living Is Growing Fast

September 16th, 2008 3:45 PM by Lehel Szucs

10 Cities Where Cost of Living Is Growing Fast

Forbes magazine looked at inflation in the 40 largest metro areas in the U.S. to see where prices were rising fastest.

The numbers were supplied by the Bureau of Labor Statistics and Moody’s Economy.com and reflected changes between January and June 2008.

Resetting mortgages, rising food prices and runaway fuel costs are the biggest sources of the pain.

Here are the top 10 cities with the highest annual inflation rates.

Seattle, 5.82 percent

Dallas, 5.82 percent

Washington, D.C., 5.74 percent

Miami, 5.71 percent

Portland, Ore., 5.68 percent

San Jose, Calif., 5.61 percent

Milwaukee, Wisc., 5.61 percent

Tampa, 5.60 percent

Phoenix, 5.44 percent

Los Angeles, 5.41 percent

Posted in:General
Posted by Lehel Szucs on September 16th, 2008 3:45 PM

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