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WATCH: Cost of living continues to increase leaving Winnipeggers with less in the bank

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Cost of living continues to increase leaving Winnipeggers with less in the bank
WATCH: Global's Brittany Greenslade brings you more on the continued financial stress Winnipeggers face. – Mar 4, 2016

WINNIPEG — Food, gas, entertainment and everyday needs…the cost of living is skyrocketing and real wages aren’t keeping up.

Statistics Canada said food prices rose 4 per cent this year over last. Fruit and vegetable prices alone jumped 18 per cent in the same time period. If you want to go to a restaurant, well, that’s going to cost you 2.5 per cent more than it did the year before. Add on actually getting to the restaurant and you’re looking at adding on a 2.2 per cent transportation cost increase.

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The numbers can be overwhelming, but what they show is a fact many Manitobans are already feeling…life is expensive.

“What we are seeing in Manitoba is even though our income is going up, the rate of inflation is going up… so our real income is going down,” economist Rob Warren said. “Which means we have less money to spend.”

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For example, if you look at minimum wage alone, when you account for inflation, a worker in 2013 is only making one cent more than they were in 1975, according to Statistics Canada.

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“We haven’t had the big real increase in wages, which means after adjustment for inflation, that makes it tougher for us to afford pretty much everything,” Warren said.

Now add in all of the increases Winnipeggers are expected to see in the next year.

If the city approves this latest budget the average homeowner will pay $38 dollars more in property taxes plus another $55 dollars in frontage levies.

READ MORE: Property taxes and frontage levy fees increasing for Winnipeggers: preliminary budget

Heating your home is already up, $73 more dollars if you have electricity and $38 if you have gas.

A bill that could be hit with another 3.95 per cent increase if another rate hike is approved this year.

School taxes are still being debated but the average home owner will likely be hit with a $60 increase.

Do you have a pet? It will be $5 more to license it.

Even the cost of taking out the trash is going up $1.

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Add it all up and it could cost you hundreds of dollars more to live in Winnipeg this year.

RELATED: Winnipeg tax hike to help pay for rapid transit

“Before there might have been a little bit and you put that money away,” one woman said to Global News. “But now, there’s really nothing left and it makes it very, very hard.”

“I’ve always said 40 years ago when I worked we made more money than we do now,” said another.

One saving grace, right now, is the low price of gas. But even that, can’t last forever.

“If it’s costing you 40 cents less a litre now than it was last year to fill up, that adds up over the course of a year and that money we can now plow into other things,” Warren said. “But low gas prices won’t last forever.”

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