Splurge or Save? 15 Everyday Items That Might Be Too Pricey

By

Andreas Jones

Hey! I’m Andreas Jones and I am the founder of KindaFrugal.com. I’m passionate about all things personal finance, side hustles, making extra money, and lifestyle businesses. I have been featured in major publications such as Forbes, Entrepreneur On Fire, Lifehack.org, Influencive and Goalcast.

| Published on May 13, 2024

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When you were a kid, did you ever notice the older people in your family constantly commenting on how much prices have gone up? We’ll you’re not just suffering the same sticker shock our elders faced. In fact, with recent surges in inflation and price increases across industries, even simple mundane items are becoming unreasonably priced. Next time you’re out, take a closer look at these 5 Everyday Items That Might Be Too Pricey

1. Potato Chips

Potato chips, a favorite snack for many, have become surprisingly expensive. But why is this? One reason is that companies sell them for the price people are willing to pay. As long as we keep buying, prices will likely stay high or continue to rise.

Another factor is the cost of production—for instance, the cost of potatoes and fertilizers (crucial for growing potatoes) has increased. This increase in cost is naturally passed on to us, the consumers.

Inflation plays a role, too—as the cost of living rises, so does the price of everything, including our beloved potato chips. So, next time you’re munching on a bag, remember all the factors contributing to its hefty price tag.

2. Concert Tickets

Concert crowd enjoying
Image Credit: Shutterstock.

Ever wonder why concert tickets cost so much? Well, a big reason is that artists make most of their money from live shows, not music sales – so they hike ticket prices to earn more.

Plus, there’s the cost of setting up the stage, sound system, lighting, and paying the crew. Add in the fees charged by ticketing websites, and boom – you’ve got a pricey ticket.

Also, high demand and limited supply can sometimes cause prices to skyrocket. So, while we all love a good gig, sadly, it often comes with a not-so-great price tag.

3. Medication

generic medication
Image Credit: Shutterstock.

Medication prices can give you a real headache, right? The main reason is that developing new drugs costs a lot of money. Drug companies spend years researching, testing, and getting approval before a medicine hits the shelves.

To recover these costs, they charge high prices. Also, once they’ve made a drug, they have a patent on it. This means they’re the only ones who can sell it for a while, so they can set any price they like.

Lastly, there’s marketing – drug companies spend big bucks promoting their products, and guess who ends up paying for that – us!

4. Airbnb Rentals

Airbnb
Image Credit: Shutterstock.

Have you ever noticed how super pricey Airbnb rentals can be? Part of it is because hosts need to cover their costs, like mortgage or rent, cleaning, and maintenance – plus, they want to make a profit.

Also, Airbnb charges a service fee for both hosts and guests, which adds to the cost. Then there’s supply and demand – if a place is popular, hosts can charge more because they know people are willing to pay.

And don’t forget about special events -when a big festival or conference is in town, prices can shoot up.

5. Ordering Pizza

Pizza
Image Credit: Shutterstock.

Ever wonder why ordering Pizza can be so pricey? Well, it’s not just about the Pizza itself. The cost includes ingredients, labor to make it, and running the pizza place—think rent, utilities, and wages.

But there’s more—when you order delivery, there are extra costs. They have to pay the delivery driver, and the delivery vehicles wear out.

Many places also add a delivery charge. Plus, if you’re ordering from a popular chain, you’re also paying a bit for their brand name—so all these things make your pizza bill bigger!

6. Soda

Soda
Credit: Depositphotos

You might be surprised to find out that soda can be pretty expensive. The price tag isn’t just about the fizzy drink in the can – companies must cover many costs.

They pay for ingredients, bottling, and shipping to stores across the country or even around the world. They also spend a lot on advertising to ensure you pick their brand over others.

Additionally, some places have taxes on sugary drinks, which can increase prices. So, while it may seem like you’re just buying a bit of bubbly water with flavor, there’s a lot more behind that cost!

7. Nail Salon Services

Nail Salon Services
Credit: Depositphotos

Going to a nail salon can seem pricey, but there’s a reason. First, they use professional-grade products, which aren’t cheap. Then there’s the skill and time of the nail technician—you’re not just paying for a service but their expertise, too.

Salons also have overhead costs like rent, utilities, and licenses they need to operate. Plus, they need to stay current with trends and techniques, which often means ongoing training.

Of course, they want to make a profit, so while it might feel like a lot, quite a bit is factored into the cost of your manicure or pedicure.

8. Car Maintenance

Image Credit: Shutterstock.

These days, it doesn’t matter if you’re driving a new or used car; maintaining it can be expensive. Oil changes, tire rotations, and brake replacements add up over time.

But it’s not just the cost of parts—labor can be costly, too. Mechanics charge for specialized knowledge and skills. In addition, shops need to cover rent, utilities, and other expenses.

And let’s not forget about insurance and registration fees – necessary costs for owning a car. So, while paying for regular maintenance may seem like a lot, keeping your vehicle running smoothly and safely is essential.

9. Bottled Water

Image Credit: Shutterstock.

No one ever thought that packing water in a plastic bottle and selling it would become a multi-billion dollar industry, but that’s precisely what bottled water is.

While some of the costs can be attributed to packaging, transportation, and marketing, the most significant factor is the cost of production.

Companies need to source clean water, purify it through various processes, and package it to meet health and safety regulations.

And let’s not forget about the convenience factor – sometimes it’s just easier to grab a bottle of water on the go rather than remembering to fill up a reusable one.

10. Streaming Services

Here comes a popular one – streaming services. With platforms like Netflix, Hulu, and Disney+, it’s easy to get hooked on binge-watching your favorite shows.

But many people don’t realize that the cost of streaming goes beyond just a monthly subscription fee.

These companies must purchase or produce content, maintain servers and technology, and pay for licensing rights. Plus, they also need to cover marketing and customer service expenses.

So, while it may seem like a small monthly fee, streaming costs add up quickly. But for many, the convenience and wide range of content make it worth the expense.

11. Books

Selling used books
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Books might seem costly, but a lot goes into making one. First, there’s the author, who spends countless hours writing. Then, editors and proofreaders make sure everything is perfect.

The book then gets designed, printed, and bound, costing money. Plus, there are marketing costs to get the word out about the book. And don’t forget about the bookstores or online retailers who also need their share.

So, while you might see a bunch of pages with words, remember that a lot of time, effort, and resources go into bringing a book from an idea to your hands.

12. Junk Food

Image Credit: Shutterstock

No one thinks of paying much for junk food – but consider this – a bag of chips or a candy bar may seem cheap, but those costs add up over time. Many things go into making junk food – from manufacturing and packaging to marketing and distribution.

From McDonald’s to Coca-Cola, a lot of money is spent on advertising and branding to make you crave that burger or soda.

And let’s not forget about the potential health costs of consuming too much junk food. So, next time you reach for that bag of chips, remember that the price tag doesn’t reflect its true cost.

13. Jewelry

Woman taking jewels from treasure
Image Credit: Shutterstock.

Jewelry can hit your wallet hard, but there’s a reason. Materials like gold, silver, and gems aren’t cheap – they’re rare and hard to get, which drives up the price.

Then there’s the craftsmanship – making jewelry takes skill and time, and that’s part of what you’re paying for. Plus, jewelry stores must cover costs like rent and staff salaries.

And let’s not forget about the brand – designer jewelry often has a significant markup because you’re buying into the name and prestige. So, while it might seem steep, there’s a lot behind the price tag of that shiny little piece.

14. Movie Snacks

Friends enjoying movie in theatre
Image Credit: Shutterstock.

This one is pretty obvious – movie snacks are expensive – but have you ever wondered why? It’s not just about the convenience of getting your snacks right at the theater.

Theater owners need to make a profit, and since ticket sales alone don’t cut it, they rely on concessions for their revenue. And with that comes high prices to cover costs like renting the films and maintaining the theaters.

But let’s be honest, who can resist that buttery popcorn and giant soda at the movies? Sometimes, it’s worth the splurge for the whole cinematic experience – just make sure to budget accordingly.

15. Gasoline

Image Credit: Shutterstock.

Last but not least is gasoline. We all know the pain of filling up our tanks and seeing those numbers rise higher and higher – but why is it so expensive?

For one, crude oil—the main ingredient in gasoline—is in limited supply, making it a valuable resource. The refining process, distribution costs, and taxes also contribute to the final price at the pump.

Yes, gasoline is expensive, but it’s also necessary for most of us. We can only hope electric cars become more affordable and accessible so we can save some dollars at the gas station.

Everyday Expenses Being a Bit Overpriced

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So there you have it—these are some everyday expenses that may seem overpriced. But we still need them and will spend our hard-earned money on them. There are cheaper alternatives for these expenses, but sometimes it’s worth splurging on the convenience or experience. The key is to budget and prioritize accordingly to avoid overspending.

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