Yahoo Finance 7 Bills That Always Go Up in the Summer — and How To Keep Them Low
Summer is settling in and, just like that, kids are home from school, calendars are filling up with activities and — whether we’re aware of it or not — our costs of living are ticking upward.
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A study by LendU found that summer is the second-most expensive season (winter leads the pack), with consumers spending an average of $2,229 during the summer months, up from $1,952 in the spring and $2,064 in the fall. What causes the surge in spending?
Let’s have a look at the bills that tend to soar in summer and how you can lower them.
Electricity
“This is a big one, as most everyone will encounter larger bills during the summer regardless of their living situation,” said Julie Ramhold, consumer analyst with DealNews.com. “Hot temperatures have many people using fans or AC units more, which of course will drive the amount of your bill up.
Ramhold added that if your kids are on summer vacation, you might also find your bills creeping up due to their hobbies as well. “Whether they’re spending all day in front of the TV or on the computer playing games, the fact is that them being home when the house would otherwise be empty means more power is being used with lights, appliances and entertainment systems,” she said.
According to reporting from USA Today, consumers can expect their electric bills to increase by about 7.9%, with totals from June to September reaching an average of $719. However, Ramhold has some cool news: There are some simple ways to keep those costs down.
“Blackout curtains should help to keep the temperature regulated inside,” Ramhold said. “You can also try imposing limits on using the AC during the day to keep costs low, as well as creating rules about how long they can spend watching TV or playing games so that they’re not mindlessly doing these things and driving the bill even higher.
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Water
“This is another that often goes up because the kids are home from school but also because people will be more likely to water their lawns and other plants during the summer,” Ramhold said. “It could be as simple as kids using more water throughout the day that causes the bill to climb, or it could be because they’re engaging in water play outside — whether that’s through the sprinkler, getting in some good old-fashioned fun on a Slip N Slide or having water balloon fights to beat the heat.”
The cost of water is not cheap, with This Old House estimating that the average water bill for Americans is about $429.33 per year, depending on the state. For instance, in West Virginia, the average monthly water bill can be up to $91.
To fight rising costs, Ramhold suggests watering your plants on a particular schedule to minimize water usage, “and if the kids want to play, pull double duty: let them play in the sprinkler while your plants are being watered.”
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Child Care
“The kids are out of school, but you have to work, which means the cost of childcare is something you have to factor in, especially if you don’t have to worry about it during the school year,” Ramhold said.
With daycare and other child care facilities sometimes costing thousands of dollars, having a plan for care in place can be a financial lifesaver.
“Rather than enrolling them in daycare for the season, consider asking friends and family to care for your child at least a couple of times a week. If they’re willing to do it for free, or in exchange for you (baking) them a sweet treat or (cooking) them dinner to repay the favor, you’ll be able to save on daycare costs — even if they can’t do it all the time.”
Cellphone
For many kids, part of the joys of being out of school involve being more active on their phones. This habit might be less than joyful for their parents.
“If you don’t have an unlimited data plan, this may end up costing you if they’re away from Wi-Fi,” said Ramhold. “Consider upgrading to an unlimited plan just for the summer or requiring them to pay back any overages they incur due to data usage. Thankfully the days of 50 cents per text message are long gone.”
Booze
“Who doesn’t love a good happy hour deal? This is one my friends and I love to do to cut down the cost of a night out,” said Chloe Elise, a certified financial coach and the CEO of the global financial literacy company Deeper Than Money.
The price of a night out on the town seems higher than ever, with Bloomberg reporting that the industry standard has become a $20 cocktail, and a $12 or $8 cocktail is considered an “inflation-proof” pleasure.
“Reverse the order of your plans. Instead of the typical ‘pregame’ (drinking at home before a night out), go to drinks during happy hour and then come home to ‘pregame’ afterwards. You’ll avoid premium prices for cocktails but still have a ton of fun on a nice summer night.”
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Experiences
“One area where I see people spending more in the summer is activities and adventures,” said Annie Hanson, a financial coach and the owner of Mindfully Money. “People seem to assume that they have to spend money in order to have fun. They’ll plan trips to pools, amusement parks, zoos, festivals and fairs. Once there, they pay extra for activities and eat overpriced food. But fun does not have to cost a lot of money.”
Rather than automatically splurging on fun but pricey events, put on your explorer hat and dig around a bit. Your wallet will thank you, since common big summertime experiences may feel increasingly expensive. Mouse Hacking shared that a Disney World vacation for a family of four (which they define as two adults, one child 10+, one child 3-9) can cost roughly $6,865 ($343 per person per night) in 2024.
“Search for free activities,” Hanson said. “A Google search of free activities in your area will turn up a list of options. People who fill their time with things that are free often find that they have less time and interest in the more expensive activities.”
You also should choose the experiences that are most important to you.
“You don’t have to give up every activity that costs money,” Hanson said. “Pick those that will provide you (and your family) with the most enjoyment and cut out the ones that you don’t care about as much.”
Groceries
“Summer is a time when people tend to host more gatherings, so it’s easy for grocery bills to climb when buying enough to feed a crowd,” Ramhold said. “Additionally, if the kids are going to be home all day, they’re likely going to want to snack, so you may find yourself having to purchase more items since they won’t be eating anything at school.”
Grocery bills are already high enough, with the USDA recommending that a family of four on a tighter budget spend $976.60 monthly and allocating $1,585.20 for a more flexible budget.
There’s so much you can do to cut costs on groceries, including coupon clipping (digital and physical), buying in bulk, meal planning, cooking for the week ahead and finding the cheapest grocery store near you. And, if you plan on hosting a summer get-together, make it a potluck.
Laura Bogart contributed to the reporting for this article.
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This article originally appeared on GOBankingRates.com: 7 Bills That Always Go Up in the Summer — and How To Keep Them Low
