10 things that will be more expensive in 2022

[Ulysses]

FYI...

10 things that will be more expensive in 2022

... Between inflation and ongoing supply chain issues, prices are rising on consumer goods nearly across the board.

“I really don’t think there’s any way to escape,” said Julie Ramhold, a consumer analyst with DealNews.com.

But that doesn’t mean you can’t shop smarter for the things you need and want.

Here’s a list of some of the major items that will cost more in the year ahead, and what you can do about it now. ...

Here's the basic list. Click on link above for details.

1. Housing
2. Food
3. Clothing
4. Heating costs
5. Gas
6. Dining out
7. Cars
8. Computers and electronics
9. Furniture
10. Medical care

[Ulysses]

Here's our situation in case anyone is interested:

1. Housing: We paid off the mortgage three years ago. Home is free and clear, so to speak. The probably price has at least quadrupled in the past 24 years, though. Fortunately our state has a cap on property tax increases, limiting them to no more than 2% per year (I think!).

2. Food: This is somewhat major for us. I started noticing my favorite beef (Choice rib eye steak) started rising a year ago. We're able to get around that by shopping for coupon specials etc. For example, a choice rib eye steak I could have got for $5/lb now goes for... over $15/lb. We're still able to buy some, albeit not choice, and shipped up from Mexico. It's edible ;-). Chicken seems to not have risen as much. In the summer we grow our own veggies and probably will expand that operation this spring.

3. Clothing: We already have accumulated too much of that. Might have to start donating some to charity.

4. Heating costs: Always a concern, at least from November to March. This is a relatively mild climate, so not too bad. I went through the house two decades ago to add attic insulation, seal the windows, and other sensible thermal improvements. It's natural gas forced air heating, and for now not too expensive.

5. Gas: Like everyone I've noticed the surge in gas prices. However, this state usually has higher prices than the rest of the nation. They seemed to spike late last fall. Now they seem to be dropping a bit. But they are still above $4/gal.

6. Dining out: What?

7. Cars: I love cars, work on them, have something like six (only three registered and insured). Really don't need to buy another any time soon.

8. Computers and electronics: Always a concern, but we're probably good there for a few more years. But you never know when some new gadget demands purchase.

9. Furniture: What we've got now will do for some years.

10. Medical care: Always a concern. Hard to predict what medical needs will be going forward. But I'm sure these costs will go up like everything else.

[billy.pilgrim]

Here's our situation in case anyone is interested:

1. Housing: We paid off the mortgage three years ago. Home is free and clear, so to speak. The probably price has at least quadrupled in the past 24 years, though. Fortunately our state has a cap on property tax increases, limiting them to no more than 2% per year (I think!).

2. Food: This is somewhat major for us. I started noticing my favorite beef (Choice rib eye steak) started rising a year ago. We're able to get around that by shopping for coupon specials etc. For example, a choice rib eye steak I could have got for $5/lb now goes for... over $15/lb. We're still able to buy some, albeit not choice, and shipped up from Mexico. It's edible ;-). Chicken seems to not have risen as much. In the summer we grow our own veggies and probably will expand that operation this spring.

3. Clothing: We already have accumulated too much of that. Might have to start donating some to charity.

4. Heating costs: Always a concern, at least from November to March. This is a relatively mild climate, so not too bad. I went through the house two decades ago to add attic insulation, seal the windows, and other sensible thermal improvements. It's natural gas forced air heating, and for now not too expensive.

5. Gas: Like everyone I've noticed the surge in gas prices. However, this state usually has higher prices than the rest of the nation. They seemed to spike late last fall. Now they seem to be dropping a bit. But they are still above $4/gal.

6. Dining out: What?

7. Cars: I love cars, work on them, have something like six (only three registered and insured). Really don't need to buy another any time soon.

8. Computers and electronics: Always a concern, but we're probably good there for a few more years. But you never know when some new gadget demands purchase.

9. Furniture: What we've got now will do for some years.

10. Medical care: Always a concern. Hard to predict what medical needs will be going forward. But I'm sure these costs will go up like everything else.

We?

[Ulysses]

Here's our situation in case anyone is interested:

1. Housing: We paid off the mortgage three years ago. Home is free and clear, so to speak. The probably price has at least quadrupled in the past 24 years, though. Fortunately our state has a cap on property tax increases, limiting them to no more than 2% per year (I think!).

2. Food: This is somewhat major for us. I started noticing my favorite beef (Choice rib eye steak) started rising a year ago. We're able to get around that by shopping for coupon specials etc. For example, a choice rib eye steak I could have got for $5/lb now goes for... over $15/lb. We're still able to buy some, albeit not choice, and shipped up from Mexico. It's edible ;-). Chicken seems to not have risen as much. In the summer we grow our own veggies and probably will expand that operation this spring.

3. Clothing: We already have accumulated too much of that. Might have to start donating some to charity.

4. Heating costs: Always a concern, at least from November to March. This is a relatively mild climate, so not too bad. I went through the house two decades ago to add attic insulation, seal the windows, and other sensible thermal improvements. It's natural gas forced air heating, and for now not too expensive.

5. Gas: Like everyone I've noticed the surge in gas prices. However, this state usually has higher prices than the rest of the nation. They seemed to spike late last fall. Now they seem to be dropping a bit. But they are still above $4/gal.

6. Dining out: What?

7. Cars: I love cars, work on them, have something like six (only three registered and insured). Really don't need to buy another any time soon.

8. Computers and electronics: Always a concern, but we're probably good there for a few more years. But you never know when some new gadget demands purchase.

9. Furniture: What we've got now will do for some years.

10. Medical care: Always a concern. Hard to predict what medical needs will be going forward. But I'm sure these costs will go up like everything else.

We?

Yes, we.

[Vrede too]

We?

Useless, cat, porch cats and raccoons, koi fish, fried hummingbird's vengeful ghost.

[O Really]

Well, Ulysses has a point. Prices on most stuff are being increased, but your own personal situation may vary sharply from somebody else, depending on what you actually buy. Median price for a home in SD County is $800,000 - I don't care, I'm not shopping for one. And I don't expect to shop for a car any time soon. So for the privilege of living in California gas costs a dollar more a gallon than in, say, Florida that's still only about $500 for me - certainly not enough to be a factor in choosing where to live. (that's car only - motorhome is a different matter but I can be out of California in less than a tankful, so it's controllable.) Food goes up, but for only two people with good eating habits, the increase isn't that big a dent in total expense.

[Ulysses]

Well, Ulysses has a point. Prices on most stuff are being increased, but your own personal situation may vary sharply from somebody else, depending on what you actually buy. Median price for a home in SD County is $800,000 - I don't care, I'm not shopping for one. And I don't expect to shop for a car any time soon. So for the privilege of living in California gas costs a dollar more a gallon than in, say, Florida that's still only about $500 for me - certainly not enough to be a factor in choosing where to live. (that's car only - motorhome is a different matter but I can be out of California in less than a tankful, so it's controllable.) Food goes up, but for only two people with good eating habits, the increase isn't that big a dent in total expense.

Thanks, OR. Of course everyone's situation is different. It's probably a lot tougher right now on young people trying to start out and make it on lower wages, having to pay skyrocketing rents, vehicle prices, etc.

What's that a friend of mine used to say?

"Life's a bitch, and then you die".

Oh, and here's the stats for my county, according to Realtor.com:

$899K Median Listing Home Price
$638 Median Listing Home Price/Sq Ft
$1.1M Median Sold Home Price