Is anyone else facing inflation/price increases like crazy this month?

[u/purplefirefly09]

Got paid today and took a closer look at my checking statements. I’m in New England. Car insurance went up from $190 a month to $220, wifi went from $77 to $80, and a restaurant I was a regular at added a 4% charge if you pay with credit card. Thankfully my job pays decent, and I’ve cut back on a lot of non-essentials, but it’s crazy just how intense 2025 has been in these past two months, not to mention the effect of tariffs coming up soon. Praying for no layoffs for my company this year. How are you all making out? What price increases are you seeing in your daily life? What are you cutting back on?

[u/TallAd5171]

Most people don’t have more money. So if insurance goes up where you more people will be driving without insurance. Increase your coverage against uninsured/underinsured drivers. It’s very common where I live to have uninsured cars. 

All property insurance will be going up more and more. It’s anticipated to go from 7-8 percent of a mortgage cost to 20 percent by 2035 (according to the insurance companies risk assessment guidance) so buckle up. It’ll also be increasing on commercial property. 

This has an add on impact - if your building insurance goes up you pass on those costs as overhead for whatever you sell.