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You're paying 4% more on essential items. Here's the new cost average

ConsumerAffairs says essential things you have to pay for have gone up more than you think

CHARLOTTE, N.C. — A recent report from ConsumerAffairs shows the average family's cost of living has risen 4% in the last 12 months. The report found many essential items have gone up in cost. 

A recent report from Doxo, a third-party billing site, found the average U.S. household spends more than $25,000 per year on their mortgage and essential household bills.

WCNC Charlotte is always asking "where's the money?" If you need help, reach out to WCNC Charlotte by emailing money@wcnc.com

Let's break down a few of the items:

Doxo found the average monthly mortgage bill in North Carolina is $1,353. South Carolina is a bit cheaper at $1,230

When it comes to how much North Carolinians are spending on monthly utilities, North Carolinians spend an average of $291. South Carolina is slightly higher at $323. 

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And finally, let's look at alarms and security 

South Carolina pays higher at about $97 every month on home security. North Carolinians pay a monthly payment of $88.

Contact Jane Monreal at jmonreal@wcnc.com and follow her on Facebook, X and Instagram.

WCNC Charlotte's Where's The Money series is all about leveling the playing field in the Carolinas by helping others and breaking down barriers. WCNC Charlotte doesn't want our viewers to be taken advantage of, so we’re here to help. Watch previous stories where we ask the question “Where’s the Money” in the YouTube playlist below and subscribe to get updated when new videos are uploaded.

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