Bay Area Consumer Prices Rising Faster Than Prices Nationwide

NEWARK (CBS SF) – Consumer prices in the Bay Area rose faster than prices nationwide over the last 12 months, according to the Bureau of Labor Statistics.

Bay Area prices were up 3 percent compared with a nationwide increase of 1.8 percent. BLS officials said households in the region spent about $81,000 annually in 2017-18 and 39.4 percent of that went toward the cost of housing.

Read more at CBS San Francisco