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From Eggs to Hotels, Prices Soar as Inflation Redefines Daily Life

July 18, 2025

American consumers are facing significant financial strain as prices have risen approximately 26% since the COVID-19 pandemic began, making many everyday purchases and experiences increasingly unaffordable. Hotel rooms, rental cars, groceries, and dining out have all seen dramatic price increases, with hotel rates up 24% over the past decade and restaurant prices soaring 49. 3% in the same period.

Who is affected

  • American consumers across all income brackets
  • Families trying to afford travel, dining, and entertainment
  • Travelers facing high hotel rates in cities like Manhattan, Miami Beach, and Las Vegas
  • Grocery shoppers paying higher prices for essentials like eggs and baby products
  • Entertainment seekers dealing with increased costs for concerts, theater tickets, and theme parks

What action is being taken

  • Companies are continuing to raise prices across various sectors including hotels, rental cars, airlines, restaurants, and entertainment
  • Airlines are "unbundling" services to show lower headline fares while adding fees, as exemplified by Southwest Airlines ending its "bags fly free" policy
  • The Waffle House restaurant chain temporarily imposed a 50-cent surcharge per egg due to rising costs
  • Some companies are exploiting the situation to maintain or increase profit margins according to Lindsay Owens of the Groundwork Collaborative

Why it matters

  • Everyday experiences and necessities are becoming unaffordable for many Americans
  • The price increases affect essential goods and services across multiple sectors of the economy
  • The inflation represents the most persistent cost increases in decades
  • These price hikes force households to make difficult choices about which necessities and experiences they can afford
  • The situation is creating a growing divide between those who can afford luxury experiences and those who cannot

What's next

  • New tariffs introduced by the Trump administration are expected to drive prices even higher in the months ahead
  • Americans shouldn't expect relief from high prices anytime soon, despite inflation retreating from its 9% peak in 2022

Read full article from source: The San Diego Voice & Viewpoint

From Eggs to Hotels, Prices Soar as Inflation Redefines Daily Life