Money Rent is the ‘largest contributor’ to inflation. See where it is going up (or down) April 12, 2023April 13, 2023 Swapna Venugopal Ramaswamy, USA TODAY Comments Off on Rent is the ‘largest contributor’ to inflation. See where it is going up (or down) While consumers paid less for gasoline and grocery housing costs went up 8% during the same time period.