Thanks to new tariffs that could send prices soaring, your budget might be in for a shake-up in 2025. While some hikes may seem minor, staples like electronics, groceries, and everyday goods might jump dramatically—practically overnight. Here’s what could be getting pricier and why it matters.
Beer
Your go-to brew is about to get pricier. With tariffs on aluminum cans and a steep 25% tariff on Canadian barley, breweries face higher costs, and those increases will trickle down to your tab. From hop-heavy IPAs to smooth lagers, no beer is safe from this economic buzzkill.
Cooking Oil
Cooking oil prices are heating up, with canola, soybean, and sunflower oils facing a potential 20% increase. That could mean an extra $1 to $2 per bottle, making deep-frying a pricier habit. Now might be the time if you've been thinking about switching to an air fryer.
Beef
Beef prices are rising, with a 25% tariff on imports from Canada and Mexico adding $0.50 to $1.00 per pound. From fast food burgers to restaurant steaks, expect to pay more at the register and the table. It might be time to start experimenting with plant-based alternatives.
Avocado
Heartbreak is on the menu for avocado fans. With 90% of U.S. avocados imported from Mexico, tariffs could mean soaring prices at restaurants and grocery stores. That beloved guacamole might become a splurge, and you may find yourself staring at an unripe avocado, hoping it softens before payday.
Strawberries
That juicy red pint of strawberries might start feeling like a luxury item. With Mexico supplying about 85% of the strawberries in U.S. grocery stores, tariffs could push prices past $5 a pint. Strawberries and champagne? Still classy. But at these prices, you might be popping sparkling water instead.
Maple Syrup
Bad news for breakfast lovers—maple syrup is about to get fancy-pricey. With costs rising, you might start seeing smaller syrup servings at restaurants, reformulated recipes on shelves, or a little more hesitation before pouring that extra drizzle. The real question: Are you ready to splurge for your syrup, or will your pancakes have to go without?
Pepper
Bad news, spice lovers—your favorite fiery flavors will come with financial pain. With peppers of all kinds facing price hikes, everything from fajitas to frozen burritos could see a not-so-fun increase. The only thing burning hotter than your habanero salsa? Your grocery bill.
Fuel
Gas prices are shifting into high gear, and your budget might struggle to keep up. A new 25% tariff on oil imports from Canada and Mexico could increase prices by 20 to 30 cents per gallon. And it’s not just your gas tank feeling the pinch—higher fuel costs could mean pricier groceries, shipping fees, and even airline tickets.
Nuts
Snack lovers, brace yourselves—nuts are getting nutty expensive. With tariffs squeezing almond, pecan, and peanut imports, prices could jump by $2 to $3 per pound. That means your almond milk latte, midnight trail mix binge, and secret peanut butter spoonfuls are about to feel a little more like luxury indulgences.
Butter
Butter: smooth, rich, and now slightly out of budget. Prices are set to rise by 10%, up to $0.50 per pound. It’s not a deal breaker, but it might make you hesitate before going whole Julia Child with the butter knife. The real test? Whether you can resist that extra slather on your toast.
Cheese
Grilled cheese, pizza, and mac & cheese—your favorite comfort foods might come with less comfort. With tariffs driving up imported dairy costs, your go-to cheeses could see a price hike. It's time to decide: embrace budget-friendly cheese alternatives or savor every bite like a rare delicacy.
Seafood
Seafood lovers, get ready to shell out more cash. Whether you’re craving shrimp scampi, sushi, or a good old-fashioned fish and chips dinner, prices could jump by $1 to $3 per pound. Even frozen fish sticks and canned tuna aren’t safe so that budget-friendly tuna sandwich? It’s swimming into pricier waters.
Cars
The price of a new car is about to accelerate—fast. Thanks to new tariffs, you could look at an extra $4,000 to $10,000 tacked onto the sticker price, and dealers won’t be handing out discounts like they used to. Time to decide: sharpen your haggling skills or learn to love your old ride’s quirks.
Houses
House hunting? You might want to take a deep breath first. A 25% tariff on Canadian softwood is driving up construction costs, tacking on as much as $10,000 to the price of a new home. And if you’re eyeing an existing house, don’t relax just yet—rising material costs could push those prices higher, too.
Chocolate
Brace yourselves, chocolate lovers—your guilty pleasure will get much guiltier… for your wallet. Cocoa prices shattered records at $10.32 per kilogram in late 2024 and soared to $10.75 by early 2025. Even brands like Lindt & Sprüngli play supply chain gymnastics to stay ahead. Looks like rationing those last few squares of chocolate just became a real skill.
Cosmetics
Your beauty budget is about to get a reality check. With costs rising at beauty supply stores and salons—especially on essentials like braiding hair—staying flawless could mean spending a little extra. Time to decide: splurge, switch up your routine, or master those at-home styling hacks.
Coffee
Rough mornings are about to get rougher—because coffee prices are climbing. Thanks to new tariffs on imported beans, your favorite latte, cold brew, or espresso shot might take a more significant chunk out of your wallet. Time to decide: cut back, switch to tea, or fully embrace your caffeine addiction no matter the cost.
When New Tariffs Hit
The price hikes are coming, and they’re coming for everything. No guilty pleasure is safe, from your chocolate stash to your weekend pancakes. New tariffs are pushing up costs on food, fuel, and even your beauty routine, turning simple indulgences into big-budget decisions. Whether you start rationing syrup, mastering at-home haircuts, or simply accepting that life is getting pricier, one thing is clear—your wallet is in for a wild ride.