Dallas Sees Sharp Rise in Inflation, Ranking 2nd Nationwide Behind Miami

Dallas has the 2nd highest inflation rate among major US cities according to a recent report by WalletHub. Its overall score is 77.78.

The inflation rate in Dallas has increased by 5.30% compared to the same period last year.

Houston ranks 10th among cities with the worst inflation, with a 3.50% price increase compared to February 2023.

Miami has the highest inflation rate nationwide, with prices up 4.90% year-over-year. Its overall score is 86.11.

Key factors driving inflation include pandemic stimulus, supply chain issues, the Russia-Ukraine war, business practices, high-tech inputs, market concentration, and environmental/climate events.