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15 States That Were Impacted the Least by Skyrocketing Inflation

February 8, 2025

3 min Read

Written by T. Woods

Edited by Chris Cluff

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Following the COVID-19 pandemic, increased cost of living and skyrocketing inflation has been one of the central concerns of both American politics and everyday life. With each passing year, every trip to the gas pump or the grocery store costs a little (or a lot) more, leaving wallets (and bank accounts) lighter and lighter.

However, inflation is not a flat rate across America — whereas it might be a wallet-cratering menace in one state, it can be a light inconvenience in another. The cost-of-living increases in California, for example, are far more dizzying compared to those in Arkansas.

If you’re wondering where your state falls on the inflation spectrum, GOBankingRates has culled information from the “December 2024 Joint Economic Council’s State Inflation Tracker: Increased Costs Relative to January 2021 Prices” to determine just which states have been impacted the least by inflation since 2021.

Also see what inflation has looked like under every president.

15. Iowa

Cumulative inflation since 2021: 20.7%
Monthly inflation costs since 2021: $1,007
Annual inflation costs since 2021: $12,081

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14. Wisconsin

Cumulative inflation since 2021: 20.6%
Monthly inflation costs since 2021: $1,006
Annual inflation costs since 2021: $12,075

13. Kentucky

Cumulative inflation since 2021: 22.1%
Monthly inflation costs since 2021: $1,003
Annual inflation costs since 2021: $12,033

12. Indiana

Cumulative inflation since 2021: 20.6%
Monthly inflation costs since 2021: $1,002
Annual inflation costs since 2021: $12,026

11. Pennsylvania

Cumulative inflation since 2021: 19.2%
Monthly inflation costs since 2021: $1,000
Annual inflation costs since 2021: $11,996

10. Rhode Island

Cumulative inflation since 2021: 17.9%
Monthly inflation costs since 2021: $991
Annual inflation costs since 2021: $11,889

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9. Ohio

Cumulative inflation since 2021: 20.6%
Monthly inflation costs since 2021: $988
Annual inflation costs since 2021: $11,857

8. Vermont

Cumulative inflation since 2021: 17.9%
Monthly inflation costs since 2021: $980
Annual inflation costs since 2021: $11,761

7. Oregon

Cumulative inflation since 2021: 20.1%
Monthly inflation costs since 2021: $972
Annual inflation costs since 2021: $11,666

6. Mississippi

Cumulative inflation since 2021: 22.1%
Monthly inflation costs since 2021: $942
Annual inflation costs since 2021: $11,303

5. Maine

Cumulative inflation since 2021: 17.9%
Monthly inflation costs since 2021: $930
Annual inflation costs since 2021: $11,154

4. West Virginia

Cumulative inflation since 2021: 22.4%
Monthly inflation costs since 2021: $915
Annual inflation costs since 2021: $10,984

3. Lousiana

Cumulative inflation since 2021: 20.5%
Monthly inflation costs since 2021: $890
Annual inflation costs since 2021: $10,674

2. Oklahoma

Cumulative inflation since 2021: 20.5%
Monthly inflation costs since 2021: $822
Annual inflation costs since 2021: $9,867

1. Arkansas

Cumulative inflation since 2021: 20.5%
Monthly inflation costs since 2021: $791
Annual inflation costs since 2021: $9,488

Methodology: For this piece, GOBankingRates used the December 2024 “Joint Economic Council’s State Inflation Tracker: Increased Costs Relative to January 2021 Prices” to discover how each state has been impacted by inflation. All data was collected on and is up to date as of Jan. 27, 2025.

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