Business & Tech

Inland Empire Has Highest Inflation In The Country Due To Skyrocketing Prices Of Essentials

The inflation rate in San Bernardino and Riverside counties is four times higher than it was at this time last year.


RIVERSIDE (CBSLA) — Everyone is paying more for groceries, gas and rent, but inflation is hitting the Inland Empire is getting hit especially hard, according to the Bureau of Labor Statistics.

Find out what's happening in Lake Elsinore-Wildomarfor free with the latest updates from Patch.

The inflation rate in San Bernardino and Riverside counties – collectively known as the Inland Empire – is 6.8%, four times higher than it was this time last year. According to Amar Mann of the Bureau of Labor Statistics, the IE has the highest rate of inflation in the nation.

“Costs were lower there to begin with,” Mann said. “Take a look, for example, something like housing. Housing prices or rental prices, it’s been a popular area to move to because it was and to some extent is still cheaper than other places.”

Find out what's happening in Lake Elsinore-Wildomarfor free with the latest updates from Patch.

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