This Texas metro saw least amount of inflation: analysis

(NEXSTAR) — Though inflation growth slowed (minimally) over the past month, consumer prices rose 2.4% in May vs. this time last year. But not everywhere in the U.S. is feeling the burn quite as much some others.

Recently, financial news and resources outlet WalletHub compared 23 major U.S. metropolitan areas to find out how inflation is hitting differently, depending where you live. And one Texas city was found to have the smallest increase in inflation of all cities measured.

To figure out the ranking, WalletHub compared these metropolitan statistical areas (MSAs) across two metrics related to the Consumer Price Index (CPI). WalletHub’s Adam McCann used this inflation data to determine growth compared to two months ago and to one year ago.

All-in-all, inflation grew the least in the Dallas-Fort Worth-Arlington area over these time periods, WalletHub says. The north Texas MSA had an inflation score of only 4.29 out of 100 (with 100 being the worst inflation problems). For comparison, the MSA with the highest levels of inflation growth, Boston-Cambridge-Newton, MA-NH, had an inflation score of 84.03.

Here are the inflation rates for the two Texas metros WalletHub analyzed.

Rank Metro Inflation score % change over past 2 months % change over past year
13. Houston-The Woodlands-Sugar Land 49.22 0.90% 1.20%
23. Dallas-Fort Worth-Arlington 4.29 0.10% 0.60%

WalletHub found that the Houston-The Woodlands-Sugar Land area saw the fourth-most inflationary growth over the past two months. The Houston-area metro tied for highest consumer price growth along with Baltimore, Maryland, and Anchorage, Alaska.

Comparatively, Dallas ranked (tied) 22nd for lowest consumer price growth over the past two months and 22nd (second to last) for lowest consumer price changes over the past year.

May’s CPI for the Dallas-Fort Worth-Arlington metro found that prices for items outside of food and energy decreased during the two-month period, including for household items and rent. Prices on food at home rose 0.8% and prices for food away from home rose 0.4% over the past two months.

To read WalletHub’s full Changes in Inflation by City analysis, visit WalletHub.

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