Essence Magazine:
By Jasmine Browley ·Updated April 25, 2023
Inflation is affecting everyone, but it’s rising more quickly in some cities than others.
Inflated living costs recently reached a 40-year high in 2022, with the current US rate at 4.98%, compared to 6.04% last month and 8.54% last year.
For example, as ESSENCE previously reported, listed rents across the country for available increased 15% from 2021, with the average rent price being above $2,000 a
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