10 American Cities With Highest Price Increases
Here’s who is suffering the most.
Inflation, a crumbling U.S. economy, and supply chain issues have terrorized Americans for several months now thanks partly to President Biden. What’s even worse is that rent prices for Americans have surged by a lot for some cities.
According to Fox, the national median rent prices have increased 11% year-over-year however some cities have seen more than double that.
President Biden and the Democrats need to offer some sort of support for people in these cities. The city of Cincinnati, Ohio, has seen an astounding 26% increase in rent prices in August.
Here are the 10 cities with the fastest rise in rent this year so far:
- Cincinnati, Ohio: 26%
- Pittsburgh, Pennsylvania: 22%
- Indianapolis, Indiana: 21%
- Nashville, Tennessee: 20%
- Portland, Oregon: 19%
- New York, New York: 18%
- Newark, New Jersey: 18%
- Nassau County, New York: 18%
- New Brunswick, New Jersey: 18%
- San Antonio, Texas: 17%