CINCINNATI – Forget about all the fighting in Washington, and how much your taxes will be going up in 2013. Many other things are going up in price this New Year, no matter what Congress ultimately works out — or doesn’t.
Days of Falling Prices Over
Consumers have become accustomed to falling prices in recent years, especially when it comes to flat screen TV’s and electronics. But those days are coming to an end, according to Deal News.com. The site says new technology and higher costs are sending many prices up in 2013.
Look for prices to rise on:
– New cars: thanks to tougher fuel efficiency rules.
– Beef, chicken and dairy products: a result of last year’s drought.
– Breakfast cereal: again, due to the drought.
– Big screen HDTVs: as more TVs over 40 inches add Internet “smart” technology.
– iPhone accessories: because of Apple’s new smaller Lightning connector that other companies are not duplicating by the millions yet.
– Smartphones: as more carriers reduce subsidies, making fewer phones available for $199.
– Desktop and laptop computers: as low budget PCs have pretty much been replaced by tablets. PCs that remain will be more expensive.
– Anything made with Copper: which continues to soar in price. That will make plumbing even more expensive.
Fewer daily deals are likely to be seen in 2013. Deal News says so many salons and restaurants have lost money by using daily deals sites that they won’t do it again.
If you’re used to getting half priced haircuts, manicures and meals, you may really notice the difference this year. The report says many deal sites are moving toward product deals, such as one day flash sales. You still get a good price, but you have to order an actual product to benefit.
Tuition, of course
Finally, Deal News says watch for rising college tuition in 2013, especially at public colleges and universities as states cut back their subsidies.
Public universities are expected to raise tuition and fees more than 4 percent. So be prepared to pay more in 2013 for a variety of goods so you don’t waste your money.