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When you are planning your annual budget, you should account for higher expenses like with energy prices. But in 2018, there could be many things that cost a lot more.

Everything from entertainment to food and utilities could increase this year. What is the cost of living in 2018? Well, it certainly is not cheap.

Plan and budget for these following 7 things that will increase in price in 2018:

1. Streaming Video Services

They provide a cost-saving alternative to traditional cable television, but many streaming video services are increasing their prices. A few months ago, Netflix raised their price from $9.99 to $10.99 per month. And now Amazon Prime increased their own price from $10.99 to $12.99 per month. And with new competition in this space, the prices will continue to rise.

2. Health Insurance

It seems that health care costs are always increasing. But the repeal of the Obamacare mandate by President Trump means that fewer people will buy health insurance. This was essentially a pricing mechanism for the market that is now eliminated. The result will likely be higher rates for health insurance by the end of the year.

3. Credit Cards And Loans

You should always stay away from debt and avoid using a credit card — especially in 2018. As a result of the Federal Reserve raising interest rates in December, interest rates for credit cards and loans could tick up this year. It will make you think twice before swiping that credit card.

4. Eggs

While many food prices might decrease in 2018, eggs will likely not be one of them. Eggs prices are projected to increase by 35 percent when compared to prices last year. Increased global egg consumption is one factor behind the increase. Another contributing factor is slower production because of bird flu.

5. Fruit

Fruit might be good for your health, but not so much for your wallet. Following rising citrus prices last year, it seems that fresh fruit prices will see another increase in 2018.

6. Gas

For the second straight year, it is projected that the cost of gasoline will tick up once again. Gas Buddy estimates that the average price of gas will increase from $2.39 to $2.57 this year. That means that the average American household will spend over $100 more a year on gasoline.

7. Energy Prices

There will likely be an increase in energy prices in 2018. The U.S. Energy Information Administration projects that increased consumption of electricity will result in higher energy prices for homes. In addition, prices for solar panels might increase because of President Trump’s increased tariffs.

What To Do

Plan now before the prices of goods and services increase. If you can stock up on these items, you should do so. Either way, account for the price increase in your household budget.