Real estate investors can strategically utilize their investments as a hedge for inflation. By investing in real estate, you can help to protect yourself from the effects of inflation. Real estate is a tangible asset that will always have value, even if the economy collapses. When you invest in real estate, you become a landlord and collect rent each month. This provides a steady flow of income that can help to offset inflationary pressures—knowing which U.S. cities have the highest inflation rates can help you make more informed investment decisions.
Here are 10 of the top U.S. cities with the highest inflation rates according to recent data from The Bureau of Labor Statistics (BLS):
10. Urban Hawaii
Current Inflation Rate: 6.0%
Average Annual Household Income: $81,275
Average Rent: $1,845
9. Boston, MA
Current Inflation Rate: 6.3%
Average Annual Household Income: $71,115
Average Rent: $3,549
8. Chicago, IL
Current Inflation Rate: 6.8%
Average Annual Household Income: $58,247
Average Rent: $2,091
7. Minneapolis, MN
Current Inflation Rate: 7.2%
Average Annual Household Income: $62,583
Average Rent: $1,635
6. Los Angeles, CA
Current Inflation Rate: 7.5%
Average Annual Household Income: $62,142
Average Rent: $2,563
5. Dallas, TX
Current Inflation Rate: 7.8%
Average Annual Household Income: $52,580
Average Rent: $1,423
4. Denver, CO
Current Inflation Rate: 7.9%
Average Annual Household Income: $68,592
Average Rent: $1,877
3. San Diego, CA
Current Inflation Rate: 8.2%
Average Annual Household Income: $79,673
Average Rent: $2,610
2. Riverside, CA
Current Inflation Rate: 8.6%
Average Annual Household Income: $69,045
Average Rent: $ 1,988
1. Tampa, FL
Current Inflation Rate: 9.6%
Average Annual Household Income: $53,833
Average Rent: $ 1,762
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About the Author
Ellie is the founder of Blue Lake Capital, a commercial real estate investment firm specialized in multifamily investing throughout the United States. At Blue Lake Capital, Ellie partners with both institutional and individual investors to grow their wealth by achieving double-digit returns by investing alongside her in exclusive multifamily deals they usually don't have access to.
A defining factor of Blue Lake Capital’s strategy is founded in utilizing machine learning/artificial intelligence throughout the course of all acquisitions and asset management. This advanced technology enables the company to produce accurate and data-driven forecasting for all assets on a market, property, and even tenant basis. In doing so, Blue Lake is able to lead commercial investments with the full capabilities of today’s technology.
Ellie is the host of REady2Scale, a podcast that highlights honest, insightful, and thought-provoking discussions on the multiple approaches for successful real estate investing.
She started her career as a commercial real estate lawyer, leading real estate transactions for one of Israel’s leading development companies. Later, as a property manager for Israel’s largest energy company, she oversaw properties worth over $100MM. Additionally, Ellie is an experienced entrepreneur who helped build and scale companies by improving their business operations.
Ellie holds a Masters in Law from Bar-Ilan University in Israel and an MBA from MIT Sloan School of Management.
You can read more about Blue Lake Capital and Ellie Perlman at www.bluelake-capital.com.