Taxes are increasing in 2013 for most Americans. However, that is not the only thing that will take more of your money in 2013. Here are just five.
Pay more for food
Average households can expect $40 a month increase in food expenses, according to the United States Department of Agriculture. In 2013, food expenses will be growing by about four percent due to the drought in 2012.
There will be a 3.5 percent increase in baked goods and breakfast cereals.
But it is not just vegan foods that will cost more. The drought also caused the cost of feed grains to rise, increasing the cost of meat and eggs and milk and cheese and butter.
Pay more for your car
Because of federally mandated fuel efficiency standards, automakers are forced to invest in new technologies and develop cleaner but more costly engines. Much of that cost is being passed on to the buyer at new car dealerships in 2013. How much varies by car maker and model. According to United States News and World Report, the cost of a midsize Toyota Camry will go up about $175 this year. The increased end Lexus CT 200h, however, will set buyers back $3,000 more than it would have last year.
Things that will cost more: health insurance
With Obamacare in place, businesses are being required to pay more for insurance for American consumers. The cash will clearly be passed on to customers who will pay an average of $267 additional a year in insurance, according to HR firm Aon Hewitt.
Pay more for your mobile phone
In the past, consumers have often gotten a break on the phone when they paid for cellular service and data plans. However, like the rest of us, cell service providers are tightening their belts. DealNews claims that T-Mobile will start charging full price for the hardware needed to utilize its services, and other providers may well follow suit.
Baseball more costly
The New York Mets new "dynamic pricing" strategy raises the cost of the cheap seats. For opening day those seats will cost $63, which is more than double the cost from 2012. Meanwhile, other teams, such as the Kansas City Royals and the Seattle Mariners, are also raising ticket prices.
The Boston Red Sox, Chicago Cubs and other fan-friendly teams are keeping their lower costs, so you may still get a cheap seat at a game.
Pay more for food
Average households can expect $40 a month increase in food expenses, according to the United States Department of Agriculture. In 2013, food expenses will be growing by about four percent due to the drought in 2012.
There will be a 3.5 percent increase in baked goods and breakfast cereals.
But it is not just vegan foods that will cost more. The drought also caused the cost of feed grains to rise, increasing the cost of meat and eggs and milk and cheese and butter.
Pay more for your car
Because of federally mandated fuel efficiency standards, automakers are forced to invest in new technologies and develop cleaner but more costly engines. Much of that cost is being passed on to the buyer at new car dealerships in 2013. How much varies by car maker and model. According to United States News and World Report, the cost of a midsize Toyota Camry will go up about $175 this year. The increased end Lexus CT 200h, however, will set buyers back $3,000 more than it would have last year.
Things that will cost more: health insurance
With Obamacare in place, businesses are being required to pay more for insurance for American consumers. The cash will clearly be passed on to customers who will pay an average of $267 additional a year in insurance, according to HR firm Aon Hewitt.
Pay more for your mobile phone
In the past, consumers have often gotten a break on the phone when they paid for cellular service and data plans. However, like the rest of us, cell service providers are tightening their belts. DealNews claims that T-Mobile will start charging full price for the hardware needed to utilize its services, and other providers may well follow suit.
Baseball more costly
The New York Mets new "dynamic pricing" strategy raises the cost of the cheap seats. For opening day those seats will cost $63, which is more than double the cost from 2012. Meanwhile, other teams, such as the Kansas City Royals and the Seattle Mariners, are also raising ticket prices.
The Boston Red Sox, Chicago Cubs and other fan-friendly teams are keeping their lower costs, so you may still get a cheap seat at a game.
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