Special Report

The Price of This Household Item Is Soaring

industryview / iStock via Getty Images


Inflation is once again becoming a potential concern, according to some economists. This is due in part to accelerated job growth, new stimulus packages, and the rising price of fuel. Another reason is the soaring prices of certain products. There is a worry that interest rates will rise, which could curtail spending and slow the housing market. However, for the time being, those problems seem well into the future. 

The prices of some items that Americans buy regularly have soared, largely due to COVID-19 and resulting economic fallout. The prices of some standard purchases by American consumers like grocery items, fuel, vehicles, appliances, and more have increased by more than 10% over the past year.

To determine the household items for which prices are soaring, 24/7 Wall St. reviewed consumer price index data for March 2021, released by the U.S. Bureau of Labor Statistics, to find the items with the largest percentage price increase since March 2020. Some miscellaneous and overlapping items were excluded.

Click here to see the price of which household item is soaring.

photosvit / iStock via Getty Images

30. Ship fare
> Pct. price increase, Mar. 2020 – Mar. 2021 6.0%

[in-text-ad]

Nattakorn Maneerat / iStock via Getty Images

29. Fees for lessons or instructions
> Pct. price increase, Mar. 2020 – Mar. 2021 6.0%

encklc / E+ via Getty Images

28. Tobacco and smoking products
> Pct. price increase, Mar. 2020 – Mar. 2021 6.3%

LauriPatterson / E+ via Getty Images

27. Limited service meals and snacks
> Pct. price increase, Mar. 2020 – Mar. 2021 6.5%

[in-text-ad-2]

Magone / iStock via Getty Images

26. Uncooked beef steaks
> Pct. price increase, Mar. 2020 – Mar. 2021 6.5%

Zhang Rong / iStock via Getty Images

25. Cigarettes
> Pct. price increase, Mar. 2020 – Mar. 2021 6.5%

[in-text-ad]

egal / iStock via Getty Images

24. Dried beans, peas, and lentils
> Pct. price increase, Mar. 2020 – Mar. 2021 6.5%

DuxX / iStock via Getty Images

23. Jewelry and watches
> Pct. price increase, Mar. 2020 – Mar. 2021 6.7%

MIND_AND_I / iStock via Getty Images

22. Domestic services
> Pct. price increase, Mar. 2020 – Mar. 2021 6.8%

[in-text-ad-2]

bhofack2 / iStock via Getty Images

21. Frankfurters
> Pct. price increase, Mar. 2020 – Mar. 2021 6.8%

Amarita / iStock via Getty Images

20. Shelf stable fish and seafood
> Pct. price increase, Mar. 2020 – Mar. 2021 7.1%

[in-text-ad]

gilaxia / iStock via Getty Images

19. Beef and veal
> Pct. price increase, Mar. 2020 – Mar. 2021 7.1%

aluxum / Getty Images

18. Apples
> Pct. price increase, Mar. 2020 – Mar. 2021 7.4%

Kwangmoozaa / iStock via Getty Images

17. Jewelry
> Pct. price increase, Mar. 2020 – Mar. 2021 7.4%

[in-text-ad-2]

Margarita Khamidulina / iStock via Getty Images

16. Indoor plants and flowers
> Pct. price increase, Mar. 2020 – Mar. 2021 7.6%

Eerik / iStock via Getty Images

15. Household paper products
> Pct. price increase, Mar. 2020 – Mar. 2021 7.9%

[in-text-ad]

Kameleon007 / iStock via Getty Images

14. Appliances
> Pct. price increase, Mar. 2020 – Mar. 2021 7.9%

Denira777 / Getty Images

13. Oranges, including tangerines
> Pct. price increase, Mar. 2020 – Mar. 2021 8.0%

bhofack2 / iStock via Getty Images

12. Bacon and related products
> Pct. price increase, Mar. 2020 – Mar. 2021 8.1%

[in-text-ad-2]

stevenmayatt / Getty Images

11. Uncooked other beef and veal
> Pct. price increase, Mar. 2020 – Mar. 2021 8.8%

bhofack2 / iStock via Getty Images

10. Pork chops
> Pct. price increase, Mar. 2020 – Mar. 2021 9.4%

[in-text-ad]

acilo / E+ via Getty Images

9. Used cars and trucks
> Pct. price increase, Mar. 2020 – Mar. 2021 9.4%

xeni4ka / iStock via Getty Images

8. Citrus fruits
> Pct. price increase, Mar. 2020 – Mar. 2021 9.8%

artisteer / iStock via Getty Images

7. Utility (piped) gas service
> Pct. price increase, Mar. 2020 – Mar. 2021 9.8%

[in-text-ad-2]

DarrenFisher / iStock via Getty Images

6. Uncooked beef roasts
> Pct. price increase, Mar. 2020 – Mar. 2021 11.2%

Serghei Starus / iStock via Getty Images

5. Major appliances
> Pct. price increase, Mar. 2020 – Mar. 2021 14.5%

[in-text-ad]

knowlesgallery / iStock via Getty Images

4. Propane, kerosene, and firewood
> Pct. price increase, Mar. 2020 – Mar. 2021 15.9%

bigtunaonline / iStock via Getty Images

3. Gasoline (all types)
> Pct. price increase, Mar. 2020 – Mar. 2021 22.5%

Anne Boonkerdthinthai / iStock via Getty Images

2. Laundry equipment
> Pct. price increase, Mar. 2020 – Mar. 2021 24.2%

[in-text-ad-2]

Ngampol Thongsai / iStock via Getty Images

1. Car and truck rental
> Pct. price increase, Mar. 2020 – Mar. 2021 31.2%

Is Your Money Earning the Best Possible Rate? (Sponsor)

Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.

However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.

There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.