Only 1 U.S. City In America Scored Worse For Inflation For 2023 Than Tampa

And yup, it's another Florida city! The numbers are out for the year over year comparisons for inflation around the country. According to Wallet Hub, both of the worst two cities for inflation are here in Florida. And unfortunately for us, Tampa is one of them.

They used information from the U.S. Bureau of Labor Statistics to compare 23 cities. Data was pulled from the Consumer Price Index from September 2022 and compared with the numbers last month.

They say inflation has actually slowed significantly around the country this past year after a rough 2022. If you want the cities where inflation hasn't been a problem, head to Denver, Chicago, St. Louis, Phoenix or San Francisco. They were the 5 cities with the LOWEST consumer price index change year over year. But here in Florida, it's a different story.

The big 3 cities with the biggest inflation problems? #3 went to Riverside / San Bernardino in California. We here in Tampa / St. Pete / Clearwater came in at #2 with a 4.9% consumer price index change compared to last year. Where is inflation worst? Another Florida city holds that honor. It probably will be of no surprise to anyone who lives here that it was Miami and Fort Lauderdale that has been hit the hardest with a 7.8% consumer price index change since 2022! Ouch. [Source: Wallet Hub]

While it's nice that as a resident of Florida, we get to skip paying a state income tax, we see lots of other expenses that offset that.

It's in the news constantly lately that home owners insurance companies are leaving the state. Those that continue to insure Florida homes are doubling, tripling and sometimes quadrupling their rates. The cost of homeowners insurance is getting so out of control that many just roll the dice and go without.

But that's not the only thing we pay more for in Florida than the rest of the United States.

This is the obvious one. Florida drivers aren't necessarily known for their courtesy or utilization of a blinker when making a turn. Add to that a fast growing population on already crowded roads. Then factor in the lack of a convenient public transportation system. It's a recipe for accidents and we see plenty. ABC Action News says we are paying DOUBLE.

While auto insurance is expensive, at least we can get it!  Florida is losing home insurers fast, thanks to our hurricanes and scammers.

The Orlando Sentinel reports Florida residents on Medicare pay way more than the rest of the country for supplemental Medicare plans.

The Tampa Bay Times reports that even the cost of simple gallon of milk costs more than most other states.

CBS Miami says the high cost of natural gas is to blame. While Floridians save money in the winter since we rarely turn on the heat, our air conditioners are running 24/7 for months during long Florida summers.

On average, Floridians pay $1,000 on average for title insurance, according to Make Florida Your Home. The price is set by the state.

We don't have any oil refineries in the state so that doesn't help.  So we have to import fuel from other states.