Category: Gas Prices

Want To Live In A City? Be Prepared To Pay

Cost of living is highly dependent on where your home is located. However, this can be more specific than on a state-by-state basis.

According to U.S. News and World Report, households who live in cities often have more expensive everyday expenses compared to those in the suburbs.

The most expensive cities in the United States are New York City and Brooklyn, SmartPlanet reports. These are followed closely by Honolulu, San Francisco and San Jose, California.

While many people might know that housing costs, including rent and mortgage payments, are often higher in cities, there are a number of other expenses that can also add serious pressure to any budget.

Entertainment Can Be Costly
In a city, the convenience of walking out your front door and having access to a number of restaurants, movie theaters and concert venues might be appealing, but this comes at a cost. Although some smaller theaters may be free of charge or only require a donation, the majority will require a sometimes pricey ticket.

Additionally, because you have access to so so much entertainment, you may be tempted to treat yourself more often. While buying a ticket to a show or going to a restaurant may be affordable if done from time to time, this constant expense could force you to budget for a payday loan to cover your monthly expenses or an unexpected bill.

Pinching Pennies To Buy Clothes
Clothing is often more expensive in major metropolitan areas. Not only are prices higher, but residents often feel inclined to stay stylish to keep up with urban trends.

City dwellers are often more prone to walking as well, which can cause serious wear and tear on their shoes. As a result, some may find themselves purchasing much more often than if they lived in the suburbs.

To help curb this expense, people living in cities should consider buying their clothes online, and try to only shop on sites that offer free shipping. This could drastically reduce their clothing expenses and help save money.

City Dwellers Pay More For Childcare
While this expense only applies to households with young children, families living in cities often have to pay much more for childcare than those living in other areas. Nowadays, this is one of the biggest expenses many families have to deal with.

Meanwhile, households that want to send their children to private school rather than a public institution in an urban environment often pay much more than families in the suburbs. Property size aside, this is one of the biggest reasons many households relocate outside of cities once their numbers start to grow.

You Need To East, But Budget Carefully
The cost of food from grocery stores is often much more expensive in cities. Some people may not live very close to a supermarkets, so they may be forced to do much of their shopping at corner stores and bodegas, where prices can be even higher.

Additionally, when a person walks down a city block and pass a number of cafes, restaurants and food carts, the temptation to stop for a quick bite to eat or a cup of coffee can be overwhelming.

Instead, city dwellers should try to purchase food in bulk whenever they can. Although storage may be limited in their homes, clearing out some extra closet space could be a good idea.…

Gas Prices Continue To Drop In Early February

After gas prices skyrocketed in summer, they have been on the downswing in the past couple months.

According to AAA’s Fuel Gauge Report, the national average prices for a gallon of unleaded gas on February 3 was $3.44. This was a 3 cent decline from the previous week and 36 cents cheaper than a month ago. Gas prices have been coming back down, but they have been at record highs for each calendar day for about three months. A month ago, the national average broke the all-time high by 30 cents.

Since its peak on January 14, the national average has fallen 43 cents as a result of lower crude oil prices, reduced demand and economic growth concerns. All 50 states had a price lower on February 3 than in mid-January, but nine states, including New Jersey and New York, have seen prices increase in the past week. For these two states, the price bump could have been a direct result of Hurricane Sandy.

The state with the highest decline since the January 14 peak was Minnesota, with a national average of $3.27, which is 69 cents lower than two months ago. Missouri, Illinois, Kansas and Oklahoma all had decreases of 60 cents or greater as well.

Save On Fuel
Despite falling gas prices, many American families are struggling to make ends meet. In some instances, they have been forced to dip into their emergency funds to cover some of their expenses. In order to prevent this, people should look for ways to save on gas.

1. Drive The Speed Limit – Although you may feel like you are getting somewhere faster by driving over the speed limit, you could be costing yourself gas mileage. Bo Saulsbury, researcher at the Department of Energy’s National Transportation Research Center, told Forbes that gas mileage decreases when you drive faster than 55 miles per hour. Each five mph you drive over 55, it is like you are paying an extra quarter for a gallon of gas, he added.

2. Limit The Weight In Your Car – Brian West, NTRC researcher, told the news source that having extra weight in your car lowers your gas mileage. Having an extra 100 pounds can reduce fuel economy by up to 2 percent. By removing extra items from your trunk and other areas of your car, you could save yourself some money on gas.…