20 Items You’ll Pay Less for in 2024

Discover which items are defying inflation and costing you less this year.

couple shopping for televisions in store
Updated July 18, 2024
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Complaints about soaring prices have been on everyone's lips since 2022. However, hope may be on the horizon if you're hoping to keep more cash in your wallet this year.

According to the federal government's Consumer Price Index, many household items are less expensive now than a year ago.

Inflation was 3.2% overall between November 2022 and November 2023, but prices are falling for these products

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Eggs

Brent Hofacker/Adobe organic brown eggs basket on table

Anyone trying to save money on groceries must be thrilled by the price of eggs lately.

Egg prices peaked in January 2023 due to an avian influenza (bird flu) outbreak, which severely limited supply.

The supply of eggs has recently recovered, and prices have returned to more normal levels. Eggs are 22.3% cheaper now than they were a year ago.

Gasoline

Cavan/Adobe attractive african american woman fueling car

Mercifully, gasoline prices have fallen from their peak in the summer of 2022. The cost of gas dropped 8.9% between November 2022 and November 2023.

If that trend continues, the prospect of a road trip this summer will look much more promising.

Big appliances

hedgehog94/Adobe couple checking out cooktops at store

If you’re in the market for a new home appliance, you’re in luck: Major appliances have dropped 10.6% in price.

In particular, laundry equipment prices have dipped 12%.

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Car and truck rentals

Minerva Studio/Adobe salesman reading car papers to client

While the cost of transportation services as a category has risen, the price of car and truck rentals has decreased.

This cost is now 10.7% lower than a year ago — a boon if you need a rental car or a moving truck.

Wireless phone service

Seventyfour/Adobe grand mother using smartphone with granddaughter

Unless you’re locked into a contract, your cell phone bill is likely cheaper than it was this time last year.

Wireless telephone service costs have dropped by 2.8%. It’s not a lot, but it should put a few extra bucks back in your wallet.

Gas service

pololia/Adobe senior woman setting tempering using thermostat

We all welcome any decrease in utility costs, so it is great to see a 10.4% drop in gas service prices.

If your home is heated with piped gas, you’re much luckier than those who heat with electricity. The cost of electricity has gone up 3.4%.

Fuel oil

Monkey Business/Adobe man adjusting thermostat at home

Those who heat with fuel oil have seen their utility bills have taken an even bigger drop.

Fuel oil is now 24.8% less expensive than last year, making it a great time to fill up your fuel tank if you’re running low.

Used cars and trucks

carballo/Adobe man surprised at used car prices

Now might be the time to purchase a used car or truck, as the price of such vehicles has dropped 3.8%.

This is good news for buyers who have seen high prices on used vehicles in recent years.

Airline tickets

Nina L/peopleimages.com/Adobe woman holding digital ticket in smartphone

Leaving on a jet plane? You’re in luck because airfare has dropped 12.1% in the last year.

The price decline might be the result of airlines smoothing out pilot and plane shortages since 2022.

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Milk

Liubomir/Adobe woman choosing dairy products at store

This grocery staple is now cheaper than it once was, with milk prices falling by 2.4%.

Whole milk is the variety that has enjoyed the biggest price drop, at 2.9%. Other dairy milk is down by 1.8%.

Bacon and sausage

Peter Kim/Adobe man holding bacon in breakfast

Bring on the bacon because it’s on sale: Bacon, sausage, and other related products have dipped 1.1% over the last year.

Pork products

Lubo Ivanko/Adobe male butcher in modern meat shop

The “other white meat” is slightly cheaper these days, enjoying a 0.5% price drop.

Ham specifically has gotten less expensive by 1.4%, while pork chops have actually risen in price by 0.7%.

Apples

Alextype/Adobne woman washing fruits in kitchen sink

Keeping the doctor away became more affordable: Apple prices fell 5.8% between November 2022 and November 2023.

Fresh fish and seafood

bit24/Adobe raw seafood on wooden table outdoors

The American Heart Association recommends consuming two servings of fish per week, and doing so just got a bit less expensive.

Fresh fish and seafood prices are down 2.5%, and frozen seafood products are down 2.6%.

Cheese

istetiana/Adobe organic dairy products arranged at table

There are more than 1,800 varieties of cheese, and trying them will now be a little easier on your wallet.

Cheese and related products are 2.6% cheaper than they were a year ago.

Lettuce

mikeosphoto/Adobe man cutting iceberg on chopping board

Good news for those who love salads: Prices on lettuce are down 10.2% from last year.

Lettuce saw a massive price increase in 2022 due to a virus that wreaked havoc on many lettuce crops, particularly in California.

Butter

Laura Ballard/Adobe homemade bakes biscuits with melted butter

Like other dairy products, this kitchen staple has enjoyed a price drop.

Butter is now 0.9% less expensive than it was last year. So, go ahead — you can slather a little extra on your toast.

Furniture

Viacheslav Yakobchuk/Adobe man resting on new bed in furniture store

Couches, chairs, and tables are currently at lower prices — 5.1% cheaper than they were last year.

The price drop covers kitchen, living room, and dining room furniture.

Dishes and flatware

Shirley/Adobe cutlery placed besides plate on table

Now is a great time to stock up on plates, bowls, and silverware, as this spending category has seen a 4.2% price drop in the last year.

Girls’ apparel

Africa Studio/Adobe african american kids posing with shoppers

You can now save money shopping for clothes for the girls in your life: Prices have dropped by 1.5%.

Curiously, the price of boys’ apparel has risen 3.5% for the same period.

Bottom line

nicoletaionescu/Adobe woman jumping with joy

The gloomy clouds of high inflation have finally started to lift. Many items are coming down in price to the relief of those hoping to get ahead financially in 2024.

These price decreases give consumers a glimmer of hope that basic necessities will be more affordable as the year rolls on.

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Author Details

Jenni Sisson

Jenni Sisson is a freelance writer and editor who focuses on personal finance, real estate, and entrepreneurship. She has been published in Business Insider and The Ways to Wealth. In addition to writing, Jenni hosts the Mama's Money Map podcast to help fellow stay-at-home moms on their journey to financial freedom.