The headlines are doom and gloom today, with gas and food prices driving retail prices up 5% annually in June, the biggest 12-month change since May 1991. I also decided to analyze my checkbook data from the first half of the year.
- Food – Total expenditures have been holding steady, but I now buy less meat, less milk, and fewer fresh veggies. I don’t shop at Whole Foods anymore, and I now eat breakfast and lunch out only once a week.
- Gas – My gas expenditures averaged $70 in Feb, March, and April. In June, I spent $170 on gas — not including my trip to Oklahoma City. I’ve been driving less, because I now eat lunch at my desk rather than going out, I do errands on the way home, and I’ve given up random trips out and about.
- Haircut – The salon raised the price of my simple haircut (wash-cut-dry only) by $10 between Jan and July. Does it really cost that much more to run the blow dryer these days?
Local gas price snapshot from http://www.kcgasprices.com
- Today 4.104
- Yesterday 4.098
- One Week Ago 3.953
- One Month Ago 3.867
- One Year Ago 3.115
Thanks right — one year ago today gas was $1 cheaper per gallon. Thanks, George. You’re doing a heckuva job.