It's a simple fact for households across the San Francisco Bay Area, the cost of the basic necessities of life just cost more right now.
On Friday, the federal Bureau of Statistics released the frightening numbers to show just how expensive its becoming.
The 30.3 cents per kWh San Francisco area households paid for electricity was 17.9% higher than last year, and 100.7% above the nationwide average. And even as the pace of consumer price hikes moderated some in April, inflation remains near a 40-year high and is putting many US household budgets in a vice.
"Consumers' assessment of their current financial situation relative to a year ago is at its lowest reading since 2013, with 36% of consumers attributing their negative assessment to inflation," said Joanne Hsu, director of the Surveys of Consumers.conditions for buying durable goods, such as furniture or appliances, to be the least favorable since the question was first included on the survey in 1978.
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