How Hamberites Are Dealing With Inflation

Photo Credit: Teagan Nichol

As British Columbia grapples with inflation, many of Hamber’s students have been affected, and their daily expenses have increased. Those who receive an allowance, or a part-time job, have found that their money goes less distance each month.

Mia Sutherland (11) feels the biggest impact of inflation when shopping for clothes and buying food. “I would rather go to Tim Hortons than McDonalds because the prices have gone up in fast food places,” she explained. “I also look for discounted items when shopping and tend to buy it only if it's on sale.”

In British Columbia, the consumer price index (CPI) rose to 152.7 in September 2023, up 3.3 per cent from last year. At the top of the list is the percentage of food inflation.

“Food and going out with friends is so expensive, especially McDonalds’ inflation. Instead of eating at restaurants, I prefer to eat in or go to a friend's house when hanging out,” said Eunseol Kim (11). 

Shiloh Lum (11) opts to find her clothes at thrift shops, because of the high prices at her usual favourite stores. “Clothes cost an arm and a leg. I also buy less food outside. The prices are atrocious,” she said.

Additionally, other essential items have gone up in price, which has prompted many students to reflect on everyday expenses. Kaelyn Mak (11) explained that gas prices have risen significantly, and she has begun noticing the cost more and more recently. “I do a lot of sports, so I get driven to many places. The gas prices that come with that aren’t great,” Mak said.

Countless businesses and individuals continue to encounter challenges due to the cost of living crisis. CTV News reported that the most significant struggles in the face of inflation are housing and rental prices. Many BC residents are worried about whether or not they can pay their rent, and still have enough money left over for other recreational or unavoidable monthly expenses. As our province adjusts to new prices for everyday items, Hamber students must also account for these changes, whether it be at vending machines, clothing stores, or their favourite restaurants.

Previous
Previous

REVIEW | Films You Should Watch This Fall

Next
Next

Condo Plans for 105 Keefer Street, Chinatown, Causes Uproar Among Locals