Jacksonville residents face higher housing costs with rent, utilities both rising
The inflation rate in the US has hovered at over 8% for months, despite efforts to fight rising costs.
Whether on their JEA bills or rental agreements, at the gas pump or in the grocery store — where food inflation has risen to 11.4%, the most since 1979 — people are feeling economic pressure.
The annual inflation rate was down from 8.5% in July to 8.3% in August, the lowest in four months, according to the US Bureau of Labor Statistics. But many families still saw higher-than-normal costs in their monthly budgets.
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