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Inflation in Rural Areas Much Higher Than in Cities

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Inflation in Rural Areas Much Higher Than in Cities
Left: The skyline of downtown Manhattan in New York City on Jan. 12, 2007. Right: Corn and soybeans grow on a farm near Tipton, Iowa, on July 13, 2018. Spencer Platt/Scott Olson/Getty Images
Bryan Jung
By Bryan Jung
1/30/2023Updated: 1/30/2023
0:00

High inflation is hurting rural households disproportionately compared to urban dwellers, according to a survey.

According to Iowa State University (ISU) researcher Dave Peters, the disposable income for rural residents has fallen 38 percent since 2021, dropping from nearly $10,000 a year to just $6,000.
Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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