April 10, 2025
During the 12 months ending in February 2025, the price index for all items for the Detroit metropolitan statistical area (MSA) rose 3.3 percent, 0.5 percentage points greater than the increase seen nationally (+2.8 percent). The index for all items less food and energy has risen 4.2 percent since February 2024 in the Detroit metro area, outpacing the 3.1 percent increase seen nationally.
Since February 2024, all inflation indicators, both at the national level and in Detroit, have increased over the past year. Housing prices were one of the largest gains recorded for both Detroit and the U.S. In the Detroit MSA, housing prices have risen by 5.3 percent over the year, 1.4 percentage points greater than the national increase (+3.9 percent) during the same period. In Detroit, the price of housing increased due to higher rent prices (+7.3 percent over the year) as well as household furnishings and operations (+2.6 percent over the year).
Though all major categories of goods saw increases over the year in Detroit and the U.S., some of the detailed expenditure categories saw declines. For example, transportation prices have increased overall, but gasoline prices in the Detroit MSA have declined by 2.0 percent over the year, while nationally, prices have fallen by 3.1 percent. Food is another major expenditure that has experienced rising prices over the year, however, food at home prices saw a slight drop in Detroit over the year, declining by 0.4 percent. Contrary to the decline seen in Michigan, prices for food at home rose 1.9 percent nationally over the year.
12-Month Percent Change, Consumer Price Index, February 2024-2025
Source: Consumer Price Index, U.S. Bureau of Labor Statistics
For more information on the February 2025 Detroit-Warren-Dearborn area Consumer Price Index, view the BLS release.
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