Posted 1/3/2024, 11:31:49 AM
Rising Costs of Essentials Squeeze Americans' Budgets
- Insurance, utilities, and other services seeing persistent inflation increases, hitting Americans' non-discretionary expenses
- Xcel Energy and CenterPoint customers facing higher electric and gas bills due to investment and commodity costs
- Property taxes rising as local governments face widespread inflation pressures and dwindling pandemic aid
- Minneapolis and St. Paul hiking trash fees and property owners facing insurance premium jumps
- Cost accumulations worrying consumers like Hannah Cushing and retiree Tom Lais about financial buffers against increases