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These Items Will Likely See a Price Increase in 2024

Author Randi Moultrie
Surprised man in jacket looks at receipt total in sales check holding paper bag with products in mall

This year, I am all about saving my money. I want to be able to save as much as possible for all of my future plans, but it seems so hard. Saving money while not making a great amount of money but also being unable to afford everyday products anymore is stressful. It seems that the cost of just about everything is going up and up each and every year. I mean we have truly seen the cost of houses, cars, and even milk increase over the years.

Deal News released a list of six things that will see a price increase in 2024. I know, I know we all hate hearing that the cost of something is going to rise but it is going to happen regardless. So many things continue to rise over the years and we are not excited to see the cost of other things increase as well. Well, it’s time to prepare your pockets.

  • Medicare premiums
  • Pork
  • Tesla Model 3 Cars
  • Beef
  • Postal stamps & services
  • Paris metro rides

Looks like a few things are going to be going up for us and it’s like what to do next? I am sure there will be a few more things that are going to rise, but who knows. This year, we are focused on ways to save a little money. Deal News gave us a few options such as budgeting and getting rid of unnecessary expenses. Saving and budgeting can be a tricky thing when you still have to make it through your bills, but there is a way to have a little fun and save all at once.

Randi Moultrie is a Charleston, South Carolina native and has been in the radio industry for the last few years in Charlotte. Randi started with Beasley Media Group as an intern in 2019 and is now thriving in the digital world. Randi enjoys writing about her favorite foods (especially pizza) and all things fashion and travel. As one who loves taking trips to find new foods, it’s not surprising that she enjoys writing about both!

How Far A $100,000 Salary Goes In The Major North Carolina Cities

A $100,000 salary seems like a dream to this North Carolina worker. But with the cost of living rising every day that amount of money isn’t quite worth what it once was. Or what it is everywhere. I honestly couldn’t envy you more if you don’t have to stress about money, salary, and inflation. Not a day goes by that these things don’t cross my mind, and how the possibility of making six figures seems like it would solve all my problems. Or at least a good portion of them.

While that seems like a fever dream, it gets worse. That $100,000 salary isn’t really worth six figures in most cities. Once you factor in taxes, housing, food, and other costs va $100,000 income can look very different depending on what city you’re located in. This is why our friends at SmartAsset adjusted an income of $100,000 for federal, state, and local taxes, and the local cost of living premiums. All of this to demonstrate the purchasing power of a $100,000 salary in 72 of the largest U.S. cities including four in North Carolina.

Top 10 Cities Where $100,000 Goes Furthest

El Paso, TX: $88,840
Oklahoma City, OK: $87,585
Memphis, TN: $86,960
Corpus Christi, TX: $86,383
San Antonio, TX: $85,625
Lubbock, TX: $85,065
Tulsa, OK: $84,507
Jacksonville, FL: $83,878
Houston, TX: $82,986
St. Louis, MO: $82,614

On the contrary, in Manhattan, it equates to around $31,000. Ouch. I knew I could never afford to live in the only parts of NYC I wanted to live in, but seeing it in writing hits different. But what about North Carolina? It’s not good but not all terrible either. Four North Carolina cities were analyzed as part of Smart Asset’s study. These were Charlotte, Raleigh, Durham, and Winston-Salem. Keep reading to see the adjusted values of a $100,000 salary in each of these four North Carolina cities. Read the full study here.

  • Winston Salem

    Winston-Salem, North Carolina, USA Downtown Skyline.

    $79,298

    Winston Salem gets you the most out of your $100,000 salary. The purchasing power is just under $80,000 which makes it the best in the state. Plus living in Winston has you 1-2 hours from both Charlotte and Raleigh.

  • Charlotte

    Charlotte, North Carolina, USA uptown skyline at twilight.

    $76,750

    Does Charlotte being second best shock you? It sure does me. That $100,000 salary will end up being about $76,750 in the Queen City. But even that doesn’t sound half bad.

  • Raleigh

    A colorful daytime cityscape of downtown Raleigh North Carolina

    $75,730

    So wow, neither Charlotte or Raleigh are impacted to most when it comes to the adjusted value of $100,000. Raleigh lags just behind Charlotte, which I would have not predicted. I’ll give this victory to the City of Oaks.

  • Durham

    Durham, North Carolina, USA downtown skyline.

    $74,436

    And the North Carolina city where $100,000 is the least amount of money? Durham. Go figure.

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Author Randi Moultrie
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