15 items that will cost more in 2019

HAPPY NEW YEAR -- NOW PAY UP

Few things are certain in life, but given enough time, rising prices are all but guaranteed. The coming new year will bring higher prices on plenty of mainstay expenditures from movies to travel. Here's what you can expect to spend a little — or a lot — more for in 2019.

15 PHOTOS
15 items that will cost more in 2019
See Gallery
15 items that will cost more in 2019

CABLE TV

Cable giant Comcast is set to raise rates for TV service yet again in 2019, with some premium packages now slated to come in at more than $250 a month. Spectrum, too, is disappointing customers with rising price structures. In fact, most cable companies are poised to hike prices as subscribers flee and join the cord-cutter movement.

INTEREST RATES

If you're in the market for a home, or if you have some money in bonds or a savings account, you might have noticed that interest rates are rising. That's because the Fed raised rates more than once as the economy improved in 2018. In 2019, the Fed is expected to raise rates not once but two more times, which means borrowing money is about to get a lot more expensive.

HOUSES

The Home Buying Institute predicts that the recent trend in soaring home prices will continue in most American cities in 2019. While some markets might begin to favor buyers thanks to an increase in new home construction, the bulk of the country will remain firmly in the grip of sellers as most markets suffer from low inventory.

MAIL AND PACKAGES

The United States Post Office announced modest price increases for both letter delivery and priority mail flat rate delivery. Also in 2019, FedEx will be increasing its shipping rates, and UPS’ rates are also expected to rise.

SPORTING EVENTS

Chances are good you'll be paying more to visit your local stadium in 2019, whether you're a season ticket holder or just an occasional patron. This holds true for both college and pro sports. Teams like the Boston Red Sox and Ohio State University are among the many teams increasing the cost of a ticket. Check with your local franchises to see if you'll be asked to cough up even more for a visit to the stadium this coming year.

FESTIVALS

One of the most iconic and popular arts festivals in the country and the world, South by Southwest (SXSW) in Austin welcomes visitors from across the globe. If you're one of those visitors, prepare to pay more for all badge types. Prices increase by $100 on Jan. 18, again on Feb. 15, and then again if you buy your tickets at the festival. Even if you don't go to SXSW, you can expect music and arts festivals nationwide to follow suit.

PRESCRIPTION DRUGS

The cost of prescription drugs is expected to grow by nearly 5 percent in 2019, according to the American Pharmacists Association. The expected 4.92 percent spike is actually a slowdown from 2018, when prices were predicted to rise by 7.61 percent over the previous year.

MEDICARE

Premiums paid for theMedicare Part A and Part B programs will both rise in 2019, although not by much. While the $1.50 increase might not be much on its own, it's important to note that seniors will feel the tugfrom both ends. Deductibles for both programs are also set to rise slightly.

SUGARY SNACKS

According to Bloomberg, Hostess Brands is quietly devising a plan to increase profits without scaring away sweet-toothed customers. Most of that strategy involves higher prices in the grocery store snack aisle come 2019. Ding Dongs and Twinkies, however, aren't the only snacks that will come with higher price tags — the entire industry is likely to follow Hostess' lead.

RETAIL FOOD PRICES

The United States Department of Agriculture predicts that the price of retail food will jump between 1 percent and 2 percent in the new year, with fresh vegetables and dairylikely to climb the most. The good news for consumers is that the cost of eggs and fats and oils could potentially drop.

EMPLOYER HEALTH INSURANCE

If you feel like the cost of your employer-based health insurance is high and getting higher, you are not alone — Americans experienced the eighth straight year of premium increases in 2018. In fact, premiums have climbed by 55 percent over that time period, double the rate of wage increases and triple the rate of inflation. Ready for more bad news? You can expect average premiums to jump by another 5 percent in 2019 — all while deductibles get bigger. Surprisingly, though, some areas are seeing prices fall on Obamacare health plans.

VEHICLES

Thinking of picking up a new set of wheels in the new year? Maybe you should speed up your timetable. According to Consumer Reports, cars and trucks are poised to get noticeably more expensive. If you see sticker prices rise in 2019, you likely have new tariffs and climbing interest rates to blame.

GLOBAL TRAVEL

Jetsetters can expect to pay more for their excursions in most of the world. Global airfare will likely increase by 2.6 percent. The cost of staying in a hotel overseas is predicted to rise by 3.7 percent.

NATIONAL PARKS

Virtually every destination maintained by the National Park Service is set to increase prices come 2019. Most of the country's 115 fee-charging parks will raise rates on at least one of the following categories, and in many cases across several or all categories: 

● Park-specific annual pass 

● Per vehicle 

● Per person 

● Per motorcycle

EVERYTHING (THANKS TO INFLATION)

The phenomenon of inflation gradually reduces the buying power of a dollar over time. This impacts the price of almost every product and service — and 2019 will not be immune. Total inflation is expected to rise by between 2.3 percent, which, historically speaking, is a fairly modest rate. It also happens to be identical to the increase in 2018.

HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

Recommended For You

Read Full Story