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And these every day bills eat up a huge chunk of consumers paychecks.
Here are somebills that have gone up every year.
Mortgages
Inflation and high rates have taken an enormous toll on mortgages.
While both are now coming down, homeowners have been saddled with ballooning monthly bills lately.
Rent
Renters have not been spared either.
As Zillow said, rents across the country remain at record high.
Groceries
Sticker shock is not just reserved forbig ticket items.
A simple trip to the grocery store will also do it.
Indeed, food prices have increased a whopping 28% since 2019.
Cellphones
Several cell phone companies have jacked up their prices in the past years.
This latest increase comes on the heels of a previous one in 2023 and 2022, CNET added.
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