SF Bay Area Inflation Drops to 2.8%, Far Below National Level of 3.2%
- Inflation nationwide is down considerably to 3.2% from a high of 9.1% in summer 2022
- Inflation in the San Francisco metro area was 2.8% from Oct 2022-Oct 2023
- Food prices rose 2.8% and energy prices dropped 2.5% in the San Francisco region
- Inflation in the Los Angeles metro area was 2.4% over the same period
- The cost of gasoline dropped 8.1% and electricity jumped 14.1% in the San Francisco region