5 Things That Are Actually Getting Cheaper

By

John Waggoner

If you're grumbling more than usual these days, it's probably because of rising prices. Gasoline now averages $3.17 a gallon, according to AAA, up from $2.20 a year ago. And the price of

bacon has soared 8.4 percent the past 12 months, according to June inflation data from the Bureau of Labor Statistics (BLS).

Believe it or not, however, some items are getting cheaper. For example, you're paying a bit less for hamburger these days and for cheese, too, so go ahead and have that cheeseburger. Read

on for more of what's getting cheaper in these inflationary times.

McDonald's CEO Chris Kempczinski is lovin’ it these days — at least the prices of some of the foods his company sells daily. The price of uncooked ground beef has fallen 8.4 percent the past

12 months, the price of cheese has inched down 0.9 percent and, if you want fries with that, the price of potatoes has tumbled 4.7 percent. (Adding bacon is going to cost you, however.)

Aside from hamburger, the BLS says beef roasts (down 2.4 percent), ham (-1.4 percent) and fresh whole chicken (-0.8 percent) have all gotten cheaper over the past 12 months.

business attire

Most men don't dress up for Zoom meetings, so it's no surprise that the cost of men's suits, sport coats and outerwear has fallen 7 percent in the past 12 months. Men's shirts and sweaters

have gotten 1.5 percent cheaper. (Women's suits have gained 2.7 percent the same period.)