Average household living costs up 5.2%

The annual cost of living for the average household increased 5.2% in the December 2021 quarter, year-on-year, reports Interest. The 5.2% average household increase sat between increases of 4.8% for beneficiary households, and 5.4% for high-spending households. Aside from increased mortgage or rent payments, other factors weighing heavily on household cost of living were higher prices for petrol and second-hand cars.