A recent national study has Phoenix pacing most of the nation, as the #3 worst city when it comes to the pain of rising inflation. With the year-over-year inflation rate at 4.0% in May, the personal-finance website WalletHub released its findings on the Cities Where Inflation is Rising the Most.
To determine the cities where inflation is rising the most – and thus is the biggest problem – WalletHub compared 23 major MSAs (Metropolitan Statistical Areas) across two key metrics involving the Consumer Price Index, which measures inflation. The company compared the Consumer Price Index for the latest month for which the Bureau of Labor Statistics (BLS) data is available to two months prior and one year prior to get a snapshot of how inflation has changed in the short and long term.
| Rising the Most | Rising the Least |
| T-1. Detroit, MI | 19. Philadelphia, PA |
| T-1. Miami, FL | 20. New York, NY |
| 3. Tampa, FL | 21. Boston, MA |
| 4. Phoenix, AZ | 22. Minneapolis, MN |
| 5. Seattle, WA | 23. Honolulu, HI |