News 12 Staff

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Mar 1, 2024, 6:03 AM

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Updated

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New numbers show how much more we are paying for things like rent, electricity, and eating out in New York.

Caleb Silver from Investopedia says "While the rate of inflation may have slowed nationwide and in the state of New York, we are still paying more for certain key items on an annual basis. Electricity prices are up more than 9% year over year. Dining out up more than 5% year over year, rent prices are up 4.5% plus, that's a function of the tight housing market, and then nonalcoholic beverages, the non-beers, spirits and wine category, those prices are up over 3%."

So where can you save money?

News 12’s Kristie Reeter has The Real Deal on the trends to watch out for.