Living in the city can be expensive. Over the last four years, the inflation rate in America's largest cities has been significantly faster than for the US as a whole. Cumulatively, LA has experienced 3 percentage points of additional inflation relative to the rest of the country. In Chicago, the situation is even worse; the city has accumulated at least 4.5 percentage points of inflation.
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Anonymous said...
Interesting, living in NY, I always thought prices were rising faster here.