5 Things That Will Be Cheaper and More This Year
Jan 10th, 2012
The website DealNews.com has a list of things they expect to be cheaper this year, and a list of things that will be more expensive.
--One major thing you'll be paying more for is gas: The national average is up 12 cents a gallon since the middle of December, and it's expected to keep going up. But first, here are five things that will cost LESS.
#1.) iPads and Android Tablets. The price of refurbished iPads dropped when the iPad 2 came out last year. And the same thing will happen with iPad 2s when the iPad 3 comes out. The cost of NEW iPad 2s might drop as well.
--And now that the $199 Kindle Fire is Amazon's most successful product ever, the prices on ALL tablets are expected to start going down.
#2.) GPS Units. GPS apps for your smartphone are getting better, so not as many people are buying stand-alone units. Last year, you could get a GPS unit that used to cost $150 for about $70. And they're expected to get even cheaper in 2012.
#3.) 3-D TVs. A year ago, you could get a 55-inch 3-D TV for about $1,500. Now, you can get one for under $1,000. And with newer models coming out, the prices on the old models should drop dramatically.
#4.) Car Rentals. Rental companies apparently have a surplus of cars this year. So the website DealNews.com is predicting more deals than there were in 2011.
#5.) Property. Last year, average home prices were down 3.4%. And unless the unemployment rate starts dropping significantly . . . which most experts don't think will happen . . . home prices should keep going down, or at least stay the same.
Here are five things that are expected to be MORE expensive.
#1.) Airline Tickets. According to American Express, the price for a seat in coach will go up 5%, and a seat in business class will cost 7% more than last year.
--And if you're flying to any country in the European Union, you'll pay an extra $15 per passenger because of a new "green tax" that's aimed at reducing emissions.
#2.) Hard Drives. There's a shortage because of all the flooding in Thailand last year. So prices will be up for the next few months, until production catches up with demand.
#3.) Gold. The price of gold is expected to go up for the 11th year in a row. On average, its gone up 17% a year for the past decade. This year, it's supposed to go up 12%.
#3.) Water. Cities all across the country have to increase revenue so they can balance their budgets. And one of the easiest ways to do it is to up everyone's water bill.
--In most areas, it probably won't be that significant. But water bills in the Chicago area are expected to go up by as much as 25%.
#5.) Shipping. Starting January 22nd, the U.S. Postal Service will start charging an average of 4.6% more to send a package. FedEx and UPS are also planning to charge about 5% more for small packages this year.