These Items Will Be More Expensive After Coronavirus

young white woman talking to butcher in grocery storeyoung white woman talking to butcher in grocery store
Shutterstock/Minerva Studio

While meat may be slowly but surely returning to grocery store shelves, those steaks and chops won’t come cheap. According to a May 2020 report from CoBank, retail prices of beef and pork products[7] could be as much as 20 percent higher than last year.

an old man doing warm up exercising on the treadmill, home hazardsan old man doing warm up exercising on the treadmill, home hazards
Shutterstock

If you rushed out to buy a treadmill when those stay-at-home orders hit, you’re in good company.

“Since mid-March, we’ve seen consistent increases in consumer spend across home and lifestyle categories for things like sporting goods,” says Erika White, head of communications and corporate marketing at online point-of-sale financing company Affirm[8]. This will likely prompt an increase in fitness equipment pricing, too.

So, just how much has demand risen? According to a Mar. 31 report from Adobe Analytics, online orders for fitness equipment rose 55 percent[9] between Jan. 1 and Mar. 1 alone. And if you want to stay healthy, make sure you know The One Exercise That Makes Your Coronavirus Risk Skyrocket[10].

young indian woman wearing headphones in home office while working from homeyoung indian woman wearing headphones in home office while working from home
Shutterstock/fizkes

However, home gyms are far from the only household investment people have been sinking cash into—or the only products that will likely rise in price post-pandemic. From standing desks to computer monitors, home office equipment[11] is likely to be a whole lot costlier in the near future.

White says that home office equipment orders jumped 200 percent in April alone and that economists “expect these categories to continue to be in high demand even as people get back to a semblance of normalcy.”

A Full length of happy couple placing sofa in living room of new homeA Full length of happy couple placing sofa in living room of new home
iStock

Since many people are spending the majority of their time at home, having a well-furnished space has never seemed so important. And with the rise in demand will likely come a rise in prices.

“Americans have been focused on purchasing items that make their homes more comfortable to live,” including furniture, says White. According to a press release from online home goods retailer Wayfair, the company saw more than double their average annual year-over-year sales[12] increase in April. And if you’re looking for some items you can get for a song, These Items Will Be Cheaper After Coronavirus[13].

1 2 3 4

Share