Inflation hits migration destinations most

Sharing is Caring!

Inflation is surging around the nation, hitting its highest mark in nearly 40 years. However, the most popular migration destinations around the country have been facing the worst surge in prices for goods and services, according to a new report.

Technology-powered real estate brokerage Redfin reported that popular destinations such as Atlanta, Phoenix and Tampa had double the inflation rates of high-priced San Francisco and New York, two of the top cities that people are moving away from, during the last three months of 2021.

See also  Inflation rises as the cost of living crisis deepens

During that time, the prices of goods and services in Atlanta, considered the 10th most popular migration destination, increased by 8.9% compared to the same time a year ago, according to Redfin.

Meanwhile, Phoenix “came in number two for both inflation and migration in the fourth quarter” as prices increased 8.4%, according to the report.

www.foxbusiness.com/lifestyle/inflation-is-hitting-the-hardest-in-americas-top-migration-destinations

Help Support Independent Media, Please Donate or Subscribe:
Trending:
See also  Inflation and record gas prices are the TOP concerns for voters in swing districts in another sign Democrats are facing an uphill battle in the midterms, new poll shows

Views: 3

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.