Light Wave
U.S. News
World
Politics
Entertainment
Business
Sports
Lifestyle
Travel
Nostalgic America
Joe Biden
politics
Kamala Harris
political cartoons
comedy
humor
cartoons
washington dc
funny
Donald trump
republican
democrat
Trump
Donald Trump
Elon Musk
About
U.S. News
22 Everyday Essentials That Got Pricier During Biden’s Presidency
By
Jake Beardslee
· December 22, 2024
As President Joe Biden nears the conclusion of his term, one key aspect of his legacy remains front and center: inflation. Despite
Biden’s claims of a substantial reduction in the inflation rate
, from a peak of 9% earlier in his presidency to around 2.5% today, the overall cost of living has surged since he took office. Prices have risen by over 20% since January 2021, with everyday expenses hitting American households particularly hard.
The White House / Wikimedia
According to the
Bureau of Labor Statistics' Consumer Price Index
(CPI), $100 in January 2021 has the same purchasing power as $120 today. Groceries, in particular, have seen price hikes exceeding the general inflation rate, increasing by more than 22% during Biden’s tenure. This upward trend in costs has been a focal point for political debate and criticism.
Pixabay / Pexels
“The Biden-Harris Administration’s parting gift to the American people is as welcome as a lump of coal at Christmas: higher prices that keep rising,”
said
House Ways and Means Committee Chairman Jason Smith (R-Mo.).
Here are 22 items that saw noticeable price increases during Biden’s presidency:
The White House / Wikimedia
Eggs
Prices soared due to inflation and a devastating avian flu outbreak that decimated chicken populations, leading to supply shortages.
Estudio Gourmet / Pexels
Milk
Increased production and transportation costs pushed milk prices higher, leaving families feeling the pinch.
Rlsheehan / Wikimedia
Chicken
Rising feed costs and labor shortages caused chicken prices to jump, making even simple meals more expensive.
Leelo The First / Pexels
Beef
Premium cuts of beef saw sharp increases, with ranchers citing droughts and higher feed prices as contributing factors.
Los Muertos Crew / Pexels
Bread
Wheat prices spiked due to global supply chain disruptions, making bread and other baked goods more costly.
cottonbro studio / Pexels
Coffee
Coffee futures surged as a result of weather issues in Brazil and supply chain delays, adding pressure to morning routines.
Igor Haritanovich / Pexels
Gasoline
Gas prices skyrocketed, hitting a national average of $5 per gallon at one point, driven by supply chain issues and global energy instability.
Engin Akyurt / Pexels
Electricity
Utility bills climbed as energy production costs rose, affecting nearly every household.
Tim Mossholder / Pexels
Natural Gas
The cost of heating homes jumped, particularly in colder regions, as demand outpaced supply.
Loïc Manegarium / Pexels
Rent
A housing shortage and increased demand caused rents to rise steeply, leaving many Americans struggling to afford shelter.
Kindel Media / Pexels
Used Cars
Semiconductor shortages for new vehicles drove up demand for used cars, creating an unprecedented spike in prices.
Tom Fisk / Pexels
Airfare
The cost of jet fuel and pent-up demand for travel led to sharp increases in ticket prices.
Pixabay / Pexels
Furniture
Supply chain bottlenecks caused delays and price hikes for couches, tables, and other household essentials.
Pixabay / Pexels
Building Materials
Lumber prices more than doubled during parts of Biden's presidency, making renovations and new builds significantly pricier.
Pok Rie / Pexels
Prescription Drugs
Rising production and distribution costs for pharmaceuticals contributed to higher healthcare expenses.
Pixabay / Pexels
Household Cleaning Supplies
Cleaning staples like paper towels and sanitizers became more expensive due to raw material shortages.
Kaboompics.com / Pexels
Toiletries
Essentials such as toothpaste, shampoo, and deodorant saw consistent price increases, partly due to packaging costs.
AS Photography / Pexels
Clothing
Apparel costs rose as manufacturing and transportation expenses trickled down to consumers.
Willo M. / Pexels
Dining Out
Restaurants increased prices to manage higher food and operational costs, making dining out more expensive.
Valeria Boltneva / Pexels
Cooking Oil
Prices for essentials like vegetable and olive oil increased significantly due to disruptions in global agricultural production and rising transportation costs.
RF._.studio / Pexels
Pet Food
Feeding furry friends became more expensive as the cost of raw materials, packaging, and transportation surged, leading to higher prices across the board.
Cup of Couple / Pexels
School Supplies
Items like notebooks, pencils, and backpacks saw price hikes, partly driven by increased demand after pandemic-related school closures and supply chain challenges.
Pixabay / Pexels