Boston, MA
Everyday buys are getting more expensive in Boston
The newest Boston space pricing information verify what our shrinking checking account balances present: Housing, meals and vitality prices are nonetheless too rattling excessive.
By the numbers: The inflation charge for on a regular basis bills jumped 7.5% between Could 2021 and Could 2022, in keeping with the Client Value Index for All City Customers (CPI-U) — the very best annual enhance since November 1981.
- The U.S. Bureau of Labor Statistics attributes this historic rise partially to rising housing and motorized vehicle prices.
Zoom in: Meals costs additionally performed a significant function, rising 8.7% over the 12-month interval — additionally the most important leap since 1981.
- The price of meals at house rose 9.2%, and the price of consuming out rose 7.6%.
Steph’s thought bubble: Even Two Buck Chuck is lengthy gone on this financial system (H/T Gal Tziperman Lotan).
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