FOX 5 I-Team: Prices on the rise in 2014 - MyFoxAustin.com | KTBC Fox 7 | News, Weather, Sports

FOX 5 I-Team: Prices on the rise in 2014

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ATLANTA -

Along with the New Year, we can expect new and more expensive prices for things like groceries, healthcare and of course, postage.

FOX 5 I-Team's Dana Fowle took at some of the proposed price hikes for Good Day Atlanta.

According to Fowle, the nation's largest employers are reporting a seven percent healthcare increase in 2014 and many grocery prices will jump too. Nuts, milk and chocolate prices will all increase, this year, according to an agricultural marketing group and the U.S. Department of Agriculture.

In fact, if Congress fails to pass a new farm bill one gallon of milk could cost as much at $8. Cocoa producers are also upping their prices due to an overwhelming demand for chocolate in the United States.

In addition, on January 26, the fist-class stamp will go up three cents – which will push the cost of mailing a letter, domestically, to forty-nine cents.

However, Atlanta residents can rejoice because MARTA fares are expected to stay the same. Oh, and bacon. There is good news for bacon lovers, bacon prices are on their way down, also. 

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