Things that have actually become cheaper because of the COVID-19 pandemic

We’re all familiar with all the items that are costing us more this year, from steak to milk to disinfecting wipes, if you can find any.

But it turns out the pandemic is driving some prices lower.

A few weeks back, we spoke with barbecue truck owner Tyrique Ramsey, who is struggling with the soaring price of beef and pork.

“It’s almost like double or triple,” he said.

While beef prices are now easing from their 11% jump, grocery prices are up 3% this year, according to the government.

But a report in lists some things cheaper in 2020.

Among them:

Clothing: With 60% discounts now common on clothes for work or social gatherings, since those items are not selling.

New cars: Hyundai and Kia are offering zero-percent financing on some vehicles, while others are offering big cashback bonuses.

Mortgages: Near an all-time low of 3% on a 30-year fixed.

Gasoline: It’s up a bit now, but still well below its 5-year average price.

Travel: $400 hotel rooms in New York, Chicago and other big cities are now going for $100 a night in some cases. Hotels and rental cars everywhere are cheaper this year.

But from the “doesn’t that stink” file, one thing rising in price: used cars.

The average used car is now $21,000 according to USA Today, up $700 this summer.

The reason: short supply and high demand for cheap used cars now.

Want a deal? Buy a sedan, not an SUV, as prices are dirt cheap on unloved 4-door sedans.

But in the end, the good news is that not everything is costing more this pandemic year, which is welcome to hear if cash is tight, so you don’t waste your money.

Recent Posts

Applebee’s is unveiling 2 Halloween-themed $5 cocktails

While it's hard to say just what Halloween will be like this year thanks to pandemic concerns, Applebee's has found…

6 hours ago

Get paid $50,000 to explore the national parks for 6 months

Have you ever dreamed of getting in an RV and driving around the U.S. to experience our country's national parks?…

1 day ago

Why woman’s bank account was frozen after she got her coronavirus loan

Paycheck Protection Program funds helped keep more than 5 million American small businesses alive through the first half of 2020,…

1 day ago

‘Trunk or Treat’ kits are on sale at Michaels right now

If you have plans to pass out Halloween candy at a trunk-or-treat event this year, you may want to check…

3 days ago

Hobby Lobby is raising its minimum wage to $17

Hobby Lobby announced that as of Oct. 1, 2020, the company will increase its minimum wage for all full-time employees…

5 days ago

Walmart is launching a new membership program with perks like free delivery and gas discounts

If Walmart is your go-to store for groceries, general merchandise and everything in between, you'll want to know about a…

6 days ago