What will cost British Columbians more in 2025? [Video]

It’s no secret that the growing cost of living has left many British Columbians feeling the pinch in 2024.

With the new year approaching, 2025 appears on track to deliver another round of pocketbook pressure.

Prices on fuel, housing, food and transportation are all expected to rise again.

There may, however, be a few silver linings that could help you to hang on to a little more of your money this year.

What will cost more

Let’s get the bad news out of the way first. There are multiple areas where costs are set to rise in British Columbia for 2025.

Food

The 2025 Canada Food Price Report is forecasting Canadians will pay between 3 per cent and 5 per cent more for food in 2025.

Assuming the highest estimate of 5 per cent, that would leave a family of four paying over $16,833 for food next year, up $801.45 from 2025. It cites “climate events, labour …