User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


55° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

What You'll Pay More For In 2012

January 11, 2012, 9:50 PM by Angela Kennecke

What You'll Pay More For In 2012
SIOUX FALLS, SD - From food to utilities, you can expect to pay more for many necessities this coming year. 

Here's what you'll cost you more in 2012:

FOOD
It seems like rising food prices are a constant and that's no different for 2012. The USDA forecasts food prices to increase about 3 percent overall this year; with beef prices going up the most. You can blame it on the drought in Texas and Kansas for reducing herds. Some cuts of beef are up as much as 20 percent wholesale already. And if you think milk couldn't go any higher---at about $4 a gallon on average, it could. Milk is expected to be more expensive this year.

TRAVEL
Booking a vacation? Expect to pay more. American Express says both airfare and hotel rates will increase in 2012. According to the credit card company, airplane tickets could rise as much as 7 percent and hotel costs will rise between 1.5 percent and 6.5 percent.

COLLEGE EDUCATION
The price of a college education is also rising as usual. This year to make up for budget cuts, the South Dakota Board of Regents raise tuition and fees by nearly 7 percent. South Dakota now ranks fourth-highest in the region for tuition and mandatory fees.

UTILITIES
It will cost you more to flip on the lights at home, run your air conditioner or furnace. Several energy companies that operate in South Dakota are raising rates, Xcel Energy has raised rates just this month by 12 percent in South Dakota but that's temporary. The Public Utilities Commission is still working with company with what the permanent increase will be. And Northwestern Energy raised natural gas rates by 3.3 percent.

HOME OWNERS INSURANCE POLICIES
And your home owners insurance may also be rising. In South Dakota about a fourth of the insurance companies that offer home owners are raising rates by on average by nearly 8 percent. Not everything is going up--- some electronics should be dropping in price, like tablets and 3D HDTVs are also going down.
And if you're a wine connoisseur you're in luck. Competition in the wine market means prices will actually fall in the coming year.

Previous Story

Next Story


Comments





Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Huset's Speedway Purchased By Badlands Group

4/21/2015 5:18 AM

The longtime sprint car track near Brandon will be renamed Badlands Motor Speedway after the 2015 season.

Full Story
Shoppers Swarm Target For Designer Product Line

4/20/2015 1:14 PM

The retailer released its Lilly Pulitzer for Target collection, and many stores were sold out within minutes.

Full Story
Huset's Speedway Sold

4/21/2015 6:00 PM

Started back in the late 1950s, Huset's Speedway is almost as old as the dirt the cars race on.  But that's about to change.

Full Story | Watch
Multi-Million Dollar Athletic Center Planned For Sioux Falls

4/21/2015 5:03 PM

Plans are in the works for a 40,000 square foot athletic training center in southeast Sioux Falls.  With the Pentagon and the new tennis facility...

Full Story | Watch
Amazon Distribution Center In Shakopee Could Employ 1,000

4/22/2015 6:03 AM

The online retailer is asking the city of Shakopee for about $5 million in tax breaks to build the 820,000-square-foot center and warehouse.

Full Story


Events