In this week's Deep Dive segment, News 12's Kristie Reeter
looks into what is costing more, and what may be dropping in price.
Caleb Silver, with Investopedia, says that food and gas is
where we are spending the most.
"And those prices kept rising last month. Gasoline
prices for unleaded gas in the New York and New Jersey area up 5.4%, fruits and
veggies up 3.4%, new and used vehicles up 1.7%, and cereals and bakery products
up 1.6%," says Silver.
Are we seeing costs go down anywhere in our budget?
"Finally it costs less to heat our homes, and for the
energy we use to power our homes, so we did see an 11% drop in utility prices,
23% of that was just electricity so finally some relief at home," says
Silver.