Data from the Consumer Price Index released on Wednesday reveals that out of the more than one dozen metropolitan areas the Bureau of Labor Statistics monitored over the past year, residents in the Atlanta metro area faced the worst inflation increases. In the city, the cost of goods now costs 7.9 percent more than last year.
According to Bloomberg, the sharpest increase for Atlanta-area residents came in the cost of transportation, as they paid 21 percent more for fuel and vehicles than they were just one year ago.
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However, those living in the San Francisco Bay Area only saw their prices increase by a mere 3.8 percent, and in the New York metropolitan area, prices only went up 4.3 percent.
The figures represent a change in demographics during the COVID pandemic, as people moved out of the larger Liberal cities and into cities in more Conservative states. Cities in Arizona also saw major increases in the price of goods over the past year - at 7.1 percent - and in St. Louis, Missouri, prices of everyday goods rose 7.5 percent.
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Each of those metropolitan areas, notably more Conservative states, faced worse inflation than the national average - at 6.2 percent, the largest it has been in over 30 years.
There were more moderate increases reported in Baltimore, Detroit, Houston, Miami, and Seattle.
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Bloomberg previously reported that between March 2020 and February 2021, the number of people making permanent moves was up 3 percent.
That figure was even higher in cities such as New York and San Francisco, which saw the highest number (23 percent) of people emigrate. Many of those who left San Francisco moved out of the Bay Area entirely, while in New York, many moved to the suburbs or neighboring cities in Connecticut.
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Smaller and less expensive cities, meanwhile, tried to lure residents in with new or expanded incentive programs that would pay workers who relocated to their cities, as others were looking to expand their remote work infrastructure.
The high inflation rates come as President Biden previously admitted to consumer prices being too high. On Wednesday, he toured the Port of Baltimore and described how his massive spending plan would help ease the problem.
'Everything from a gallon of gas to a loaf of bread costs more and it's worrisome even though wages are going up,' he stated.
'We still face challenges, we have to tackle them.'
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