Anchorage area prices up 2.5% over the year, according to BLS Data

Man pulling money out from a wallet, Photo Date: 3/9/2018 / Source: Pixabay

ANCHORAGE (KTUU) - Everyday items are costing people in the Anchorage area more than they did a year ago.

A report put together by the Bureau of Labor Statistics shows an increase in prices in the Anchorage area, with prices going up an average of 2.5% from April to June of this year.

That increase is the same as it was a year ago.

Some items in the report to take note of:

  • Since last June, local food prices rose 3.8% and energy prices rose 3.7%
  • Housing prices increased by 3.9% from last June, and 5.6% from April 2019
  • The price for apparel went down 9.1% from last June, but up 2.1% from April 2019

As far as prices at the pump, Anchorage is well above the national average.

So what are people in Anchorage spending their money on? Below is a chart by the BLS on where consumers' money is going.

Nationally, prices rose 1.6% over the last 12 months.

To see the full Consumer Price Index for the Anchorage area, click here .

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