LOS ANGELES - For the first time in more than a decade, the Consumer Price Index shows rents in both Los Angeles and Orange Counties rose at an annual rate of 5.8-percent last month.
The highest for a July since 2005.
So now, a one bedroom apartment in L.A. County rents for an average of $1,755.
And a two bedroom apartment averages around $2,235.
The rise isn't as bad in the Inland Empire where rents climbed 4.3-percent in Riverside and San Bernardino counties.
And the cost of food jumped more than three percent.
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