# Rising prices
Michigan could see gas rise to $8 a gallon
Photo of consumer pumping gasPhoto by Engin Akyurt (Unsplash) Currently the average gas price in Michigan is currently at a $5.04 per gallon, which is 20 cents higher than the national average gas price of 4.84. According to AAA Gas Prices, the highest average-priced county in Michigan is Wayne county, at $5.13.
Nashville sees more price hikes for housing, living expenses
man holding empty walletPhoto by Emil Kalibradov on Unsplash. The Nashville metropolitan area is facing a very serious problem. Housing prices have more than doubled over the past ten years, in part due to over 400,000 new residents moving to the area. Currently, the median home cost in Nashville is over $341,000. And even that information is not really very accurate as any homes under $700,000 have many offers, according to Realtor Shane Tallant.
Baby Formula Shortage Leads to Declaration of State of Emergency
photo of empty shelves in storePhoto by Wesley Tingey (Unsplash) As the nationwide baby formula shortage continues, Democratic New York City Mayor Eric Adams is doing something about it. Adams recently. This announcement gives the city the ability to focus their attention on stopping the price gouging of baby formula.
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Support Grows For Monthly Stimulus Payments
Hand holding money fanned outPhoto by Sharon McCutcheon (Unsplash/Creative Commons) I don't have to tell you that prices for basically everything are going through the roof right now. The cost of housing and living expenses are going up more everyday. Nashville has some of the most expensive real estate in the country with the average monthly mortgage payment of $1,650 was up more than 50 percent from March 2021 to March 2022, according to the Nashville Post.
Florida is now the most expensive state to live in the U.S.
Pulling money out of walletPhoto by Allev Vincius (Creative Commons/Unsplash) Think the cost of living is going up in Florida? It definitely is. In fact, Realtor.com. designated Miami as America's least affordable place to live.
Big Change to What Is Shown on Credit Reports
going over medical bill with doctorPhoto by Mikhail Nilov (Creative Commons) If you or someone you know has medical debt, here is some major news about credit reporting that could affect your credit score in the very near future. The three major credit reporting agencies recently announced that they will strip 70% of medical debt information out of consumers’ credit reports, starting July 2022.
Prices of Used Cars Have Increased by 40% in Washington State
used car lot photoPhoto by Manoj Prasad (Creative Commons) The price of used cars in Washington state has increased so much that Senator Cantwell, Chair of the Senate Commerce, Science, and Transportation Committee, took to the Senate floor to call attention to soaring used car prices. For the most part, the shortage in new cars is caused in part by the semiconductor chip shortage. Information from the Washington Auto Dealers Association over the past two years says that the average price of used cars rose by 41% in Spokane and 33.9% in Yakima and the Tri-Cities.