Home Household items Cost of living crisis: the price of household items “has jumped almost 50% since 2020”

Cost of living crisis: the price of household items “has jumped almost 50% since 2020”

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Households typically have to pay almost 50% more for certain items than they would have at the start of 2020, according to an analysis by a comparison website.

PriceRunner has reviewed thousands of products to find out where there have been particularly large price spikes.

Christine Gouldthorp, consumer expert at PriceRunner, said: “Our analysis has shown that the prices of washing machines, cookers, alcohol and even toys have risen significantly over the past two years, with some categories of products by nearly 50%”.

The website found that the average price of a washing machine increased by 46% or £152 between January 2020 and February 2022.

The average price of a washing machine in January 2020 was £327, but has since climbed to £479, according to figures given to the PA news agency.

The average price of a cooker has meanwhile increased by 25% or £309 over the same period, from £1,248 in January 2020 to £1,557 in February 2022.

The typical price charged for a tumble dryer or TV has generally increased by £70, PriceRunner found.

Tablets have risen by a similar amount and are £68 more expensive on average than they were in January 2020.

The average price of a toy has risen from £17 to £20.

PriceRunner found that the average prices of some items have gone down.

Dishwashers are now £44 cheaper on average than in January 2020, while freezers are £14 cheaper, he found.

Laptops are also generally £14 cheaper than at the start of 2020, according to the website.

Here’s how average prices have increased across various shopping categories since January 2020, according to PriceRunner, with the average price in February 2022 and the cash and percentage change:

– Washing machine, £479, £152, 46%

– Stove, £1,557, £309, 25%

– Beer, spirits, cider and soft drinks, £41, £8, 24%

– Tablet, £409, £68, 20%

– Toy, £20, £3, 18%

– Tumble dryer, £459, £70, 18%

– Television, £722, £70, 11%

– Lawn mower, £378, £35, 10%

– Mobile phone, £196, £16, 9%

– Vacuum cleaner, £178, £12, 7%

– Games console, £244, £12, 5%

– Garden Power Tool, £199, £7, 4%

– Printer, £460, £16, 4%

Here’s how some average prices have fallen since January 2020, according to PriceRunner, with the average price in February 2022 and the cash and percentage change:

– Dishwasher, £442, minus £44, minus 9%

– Freezer, £421, minus £14, minus 3%

– Shoes, £80 minus £1 minus 1%

– Laptop, £933, minus £14, minus 1%

– Four, £516, minus £7, minus 1%