Florida has emerged as the focal point of inflation in the United States, largely due to an ongoing issue with exorbitant housing expenses. Specifically, the Miami-Fort Lauderdale-West Palm Beach area, with over 2.5 million residents, experienced the highest inflation rate among metropolitan regions, reaching 9% during the 12 months ending in April. This figure surpasses the national average of 4%, as reported by data from the Consumer Price Index. Additionally, the Tampa-St. Petersburg-Clearwater metro area recorded the third-highest inflation rate nationwide, standing at 7.3% for the year concluded in May.
