2013 to be an expensive year for consumers - Boston News, Weather, Sports | FOX 25 | MyFoxBoston

2013 to be an expensive year for consumers

Posted: Updated:
ATLANTA -

There are a number of items that are going up in price in 2013, and the culprit for some of the price increases is the weather.

It's been too dry, and drought is the number one reason that food prices will go up this year, according to DealNews.com. Animal feed was hard hit by the summer's drought, so there will be as much as a 4 percent increase in dairy and meats. Breads and cereals are going up as much as 3.5 percent. So, you may want to budget accordingly.

Gas prices might be going down, but new fuel efficiency requirements will push new car costs up.

The cost of home theater systems is also going up. The report says you will see "shockingly high price tags in 2013." The reason: New systems will have premium features like high pixel density and you will have to pay for that.

The cost of smartphones has apparently been subsidized by service providers. Because of that, you got lower priced phones for long-term contracts. In 2013, some carriers are stopping that practice, and phones prices will go up.

Also going up in 2013 -- college tuition, healthcare costs, and starting on Monday, shipping costs through FedEx and UPS could jump up 4.9 percent.

Beer prices might go up too because copper prices are expected to rise. Copper is used in beer making, water pipes, pots and pans and you will see that cost passed along to the consumer.

  • I-Team Story ArchiveMore>>

  • Get Financially Fit: A Step-By-Step Plan

    Get Financially Fit: A Step-By-Step Plan

    Monday, April 14 2014 9:15 AM EDT2014-04-14 13:15:13 GMT
    April is Financial Literacy Month, so it's time to think about getting financially fit.  Let's start with two questions. Do you know how much you spend each month?  How much of your check should you save?
    April is Financial Literacy Month, so it's time to think about getting financially fit.  Let's start with two questions:  Do you know how much you spend each month?  How much of your check should you save?
  • FOX 5 I-Team

    DON'T MISS: Tax Deductions and Credits

    DON'T MISS: Tax Deductions and Credits

    Friday, April 11 2014 8:48 AM EDT2014-04-11 12:48:55 GMT
    Let's finish up our tax time filing tips that we've offered this season with a quick look at deductions and credits too many folks forget.
    Let's finish up our tax time filing tips that we've offered this season with a quick look at deductions and credits too many folks forget.
  • FOX 5 I-Team

    IRS: Two Scam Warnings

    IRS: Two Scam Warnings

    Monday, April 7 2014 10:44 AM EDT2014-04-07 14:44:51 GMT
    We have two warnings coming from the IRS.  The first one is what investigators call the "largest ever" phone fraud scam targeting taxpayers.
    We have two warnings coming from the IRS.  The first one is what investigators call the "largest ever" phone fraud scam targeting taxpayers.
  • Contact the FOX 5 I-Team

    * denotes required fields

    We're sorry, but only one entry is allowed per person.
    Thank you for your continued interest.

    Thanks for contacting FOX 5.  To reach our newsroom by phone, please call (404) 898-0100.

  • Good Day ArchiveMore>>

  • Improve your commute with the "One Bus Away" app

    Improve your commute with the "One Bus Away" app

    Thursday, April 17 2014 9:03 AM EDT2014-04-17 13:03:23 GMT
    Don't you hate when you're waiting for mass transit and have no idea when that train or bus will show up? Now, there's an app for that and it's saving people time and money.
    Don't you hate when you're waiting for mass transit and have no idea when that train or bus will show up? Now, there's an app for that and it's saving people time and money.
  • Brewery Celebrates The "Sweet" Life At 420 Fest

    Brewery Celebrates The "Sweet" Life At 420 Fest

    Thursday, April 17 2014 8:45 AM EDT2014-04-17 12:45:46 GMT
    A new venue and a major headlining band are set to make this year's 10th Annual SweetWater 420 Fest the biggest yet.
    A new venue and a major headlining band are set to make this year's 10th Annual SweetWater 420 Fest the biggest yet.
  • FOX Medical Team

    Eat for the Test!

    Eat for the Test!

    Thursday, April 17 2014 7:48 AM EDT2014-04-17 11:48:58 GMT
    If you want your student to test well, Cheryl Williams, a registered dietitian with Children's Healthcare of Atlanta says breakfast is the most important meal.
    If you want your student to test well, Cheryl Williams, a registered dietitian with Children's Healthcare of Atlanta says breakfast is the most important meal.
Powered by WorldNow

25 FOX Drive
Dedham, MA 02026

Phone (781) 467-2525

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices