[quote=sobmaz]Check the price of your utilities y over y, insurance, food, all living expenses and tell me if there is deflation.
Yep, if all you do is buy plasma tvs and computers there is deflation but most people spend their money on food, rent, utilities and insurance.[/quote]
Gas prices are down YoY.
My mortgage rates are down YoY because of a refi.
Milk is about the same as last year – which is down considerably from 2008.
My utilities (sdg&e)are flat or down YoY (some of that may be due to conservation – I just looked at the total bills.)
More restaurants and specialty shops (bakeries etc) run specials – bringing the prices down.
Insurance – my auto insurance has been going down – but I assume that’s because my cars are getting older. My homeowners has stayed pretty flat…
I don’t see inflation on day to day expense… The only place I see a big hit is there are NO sales/discounts on airfare. You can find bargains on hotel and vacation rental deals – but airfare has gone up for lower service, higher fees, smaller seats.
