Everything is just so expensive these days. Parents going back to school shopping know that all too well.
And it appears that inflation hit North Texas harder than any other spot in the nation.
According to a new study from WalletHub, Dallas-Fort Worth had the worst inflation rate of any city in the U.S. in 2024. Though the national year-over-year inflation rate is around 3%, it has hovered around 5% in Dallas-Fort Worth in 2024.
Apart from DFW, Honolulu is the only other city with an inflation rate that’s 5% or higher.
According to WalletHub analyst Cassandra Happe, DFW’s high inflation rate can be attributed to “a significant housing shortage, along with restrictive government policies that limit new construction.”
Other factors include “a substantial increases in energy prices, rising medical care costs due to hospital consolidation, and rising transportation costs which are largely related to the effects of urban sprawl.”
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