# Prices where you live?

Discussion in 'Business & Economics' started by Seattle, Apr 15, 2022.

1. ### SeattleValued Senior Member

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I assume most places have experienced large price increases over the last year or so but it might be interesting to see if it has been more or less where you live.

5. ### SarkusHippomonstrosesquippedalo phobeValued Senior Member

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Here in Blighty a litre of unleaded is now c.£1.60 - 1.70. Fortunately I've been able to drastically cut down on my travelling expenses by... um... not travelling as much.
General consumer inflation is running at c.7-8%, and this doesn't yet include the impact of home energy bills, which for the majority went up c.50-60% from the start of April. In the UK there is a cap to the prices the suppliers can charge. This worked okay when the market was "normal", but with the sudden spike in prices, many suppliers went bust, and now every supplier is charging the new cap. The average cost of heating and electricity for a home went up from c.£1,200 to c.£2,000 per annum. I pretty much pay the average. So that will hurt.
Food prices - yeah, they're going up, but it is product specific at the moment. Some prices are coming down but most are up. Interestingly, our biggest supermarket chain trebled their profits last year! So they've pledged to keep prices low.
Interest rates are rising as well, but I'm on a fixed rate for my mortgage for another year or so, so that won't affect me until then.

All told, most people will be looking at c.10% cost of living increase compared to last year, I think.

7. ### Michael 345New year. PRESENT is 72 years oldlValued Senior Member

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I'm about 6 KLM from my main shopping complex

If I used the bus, not to bad a schedule, would not cost anything to go there and back. Problem is the walk to and back from house - bus stop - carrying groceries back to house

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I have solar and pay about $6/month. Highly recommended. 14. ### wegsMatter and Pixie DustValued Senior Member Messages: 8,423 Wow, that’s impressive. A few of my neighbors have solar panels and while the installation was somewhat expensive, they said it has been a great investment and their electric bills have substantially decreased. For anyone interested... Solar Quiz - Freedom Solar (freedomsolarpower.com) 15. ### Michael 345New year. PRESENT is 72 years oldlValued Senior Member Messages: 12,496 Here in the NT Australia the local Government give$800 direct to the electricity company for each pensioner

I have numerous LED lights throughout the house and only cook in a microwave

My power usage for a year is below $800 so I get a bill each quarter saying You owe us$0.00