The Cost of Living Essays

The Cost of Living Essays The Cost of Living Essay The Cost of Living Essay Ronda Braxton Public Speaking The Cost Of Living In the early nineteen seventies the cost living was affordable for the American families, As a child I remembered my mother sending me to Pete’s Confection Store, I would put to the items in my little red wagon and bring them home for my mother. The items that Id shop for were eggs, a loaf of bread, milk, and a six pack of seven-up sodas. There is a major difference in the price of these items then compared to now, a carton of eggs use to cost $. 25 cents per carton, a loaf of bread $. 25 cent, milk $1. 5 a gallon, and a six pack of soda was $. 70 cent per pack. Now, the cost of eggs per carton is $2. 50, a loaf of bread is $2. 00, a gallon of milk is $3. 50, and six pack of soda is $3. 00 depending on the brand. In today’s economy the cost of living is even on the rise, this explains the recession that has took over our nation. Some people in the American society barely have enough finances to liv e on the every day necessities to survive in this economic dilemma; as a result, the loss of jobs has lead to poverty in the United States for American people. Basically, people cant afford to buy food, afford adequate housing, or dont have enough money to pay their utility bills. Many people have to seek help through different agencies to help them with their essential needs. First off, the cost of food in the grocery store is very high; the average family of four is spending five hundred dollars a month on groceries consisting of bread, diary products, meats, and poultry. The cost of a loaf of bread is two dollars, milk is costing two dollars ninety five cents, a family sized pack of hamburgers is eleven dollars, and family pack of chicken wings is ten dollars, the cost of food in todays market is ridiculous. Secondly, the cost of utilities has sky rocketed, American families cant afford in this economy in the average family spent on monthly bills in the seventies and present time on their utilities. Electricity around about thirty dollars and gas was thirty – six per gallon for your car even to heat your house and now the electricity can cost you a month roughly $85. 3 and the winter months your gas bill cost is at $125. 00 that is a big difference from the past and present what the cost of energy and gas. Third, In the nineteen seventies the average new house would cost you about thirty two thousands-five hundred dollars even though the average made twelve thousand nine hundred a year in yet that was still high for some people; accordingly to the housing market an average how will cost a family about one hundred ninety five thousand dollar in middle class neighborhood. Prices relate to this economic crisis, many companies had to shut their doors on American society, some went over seas, so unemployment increased were people could not find good paying jobs or out of work; in the same matter, people were losing their homes and some them had to live with other relatives in the same token other’s hand to live on the streets or in shelter because they became homeless. People didnt know how they were going to feed their children because the cost of food was so high, they had to go to out reaches to feed their families on the other hand could not afford to feed their family on their salaries because the economic crush; In addition, high cost of utilities a person could not afford costly prices of electric or gas so they had to go energy assistance for help paying their bill’s. In conclusion, the cost of living has took a turn in history with the unemployment rate that cause many American people to go into poverty in the United States, but we do have more resources now than we had in the past; In contrast, we have numerous of food pantries, energy assistances center, shelters for families or individual person, and we have loan modification programs to lower interest rate to keep our homes going into foreclosure.