Costs to creep up in 2012 for almost everything

January 5, 2012 6:49:03 PM PST
Here's a sobering prediction for the New Year -- you can expect to pay more for everything from your morning eggs to your evening commute.

The U.S. Department of Agriculture expects food prices will rise 3 to 4 percent in 2012. That's if you're buying groceries. The agency predicts eating out will cost 2 to 3 percent more, although Denny's just announced it will raise menu prices as much as 5 percent this year.

"The steady up-creep in prices is coming at a time when incomes aren't really growing and it's really squeezing people's buying power," said Greg McBride, a financial analyst from

Finally gassing up your car costs an average of 20 cents per gallon more today than it did last year at this time.

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