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Americans Escaping Pricey Cities Bring Higher Housing Costs, Inflation With Them

Americans moving from pricey cities to warm-weather metros bring higher housing costs and inflation with them, according to the Labor Department.

1 min read
  • Tampa area has one of the highest inflation rates in the US, at 7.7% in March.
  • Rising housing costs and increased inflation in warm-weather metros reflect migration to Sunbelt.
  • Inflation in some of the most expensive areas is below average due to population outflows.
  • Excluding housing costs, inflation in those areas nears national average of 3.4%.
  • Food prices outpacing other categories and falling energy prices having a cooling effect.
Americans Escaping Pricey Cities Bring Higher Housing Costs, Inflation With Them
Inflation in some warm-weather metro areas is more than 2 percentage points higher than national rate
WSJGabriel T. Rubin

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