July 02 2024
As families, friends, and neighbors gather this week to celebrate our nation’s founding, hardworking Americans can’t help but notice that this is one of the most expensive Fourth of July celebrations in U.S. history. A cookout for ten people will cost 5% more than last year, and nearly 30% morethan five years ago. Fireworks will also give you less bang for your buck, with the average bulk import price of fireworks up 42%since 2021.
Whether you’re traveling to spend time with loved ones or hosting a party yourself, Independence Day staples are unaffordable compared to when Biden took office.
Price Increases Since January 2021:
- Unleaded Gasoline: Up 55.3%
- Hotels: Up 53.5%
- Airfares: Up 39.9%
- Salad Dressing: Up 31.5%
- Ketchup & Mustard: Up 27.7%
- Pickles & Relish: Up 27.4%
- Steaks: Up 26.5%
- Cakes, Cupcakes, Cookies: Up 24.9%
- Buns: Up 24.8%
- Ground Beef: Up 23.3%
- Sodas: Up 22.5%
- Potato Chips: Up 22.0%