I was recently watching the Today Show (one of my favorite things to do in the morning) and came across a segment on popular items that will increase in 2013, while price tags on other things will be lower. NBC’s Today Show financial editor, Jean Chatzky breaks down the list and what items you should expect to see an increase this year.
Popular Items That Will Increase In 2013
- Cars – prices are set to go up due to the cost of making engines that meet new higher fuel economy standards.
- Groceries – expect to see an increase on corn, beef, poultry and grain related products to rise 3 to 4 percent. This is partially due to last year’s big drought which led to a shortage.
- Health care – Premiums are going up as much as 6%, mostly due to employers passing on the cost of increased cost on premium healthcare.
- State Universities – Prices at state colleges are likely to go up almost 5% since states have been under fiscal pressure.
Click here to watch this video of NBC Today Show editor Jean Chatzky explaining price increase into detail. Make sure to check back this week as I’ll list several ways to save money in the New Year.
