Inflation reaches the NFL: tailgates will be more expensive this year

This year’s tailgates — the NFL’s popular parking party — could cost you more than last season’s. Consumer prices increased 8.5% in July compared to the previous year and have generated an increase in essential products to make the traditional party, revealed a Wells Fargo report.

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Despite the skyrocketing costs, forecasts from Wells Fargo economists project parking lots to party this year, with NFL fans eager to return to their favorite football-season traditions.

  • Wells Fargo did not offer an overall estimate of how much tailgating will cost compared to last year, the report finding travel costs to be “the biggest pain point” due to high gas prices.
  • “There’s a lot of pent-up demand,” said Sarah House, senior economist at Wells Fargo. “(And) there are ways that fans can mitigate the cost of seeing their favorite team play, whether it’s in person or outside the stadium.”

What will cost more this year in the NFL tailgate?

The main cost will be to travel by vehicle with a gallon of gasoline at $3.90, as opposed to last year when it averaged $3.17. Flying to an alma mater will also cost football fans, with airfares in July rising 28% year-on-year and up 16% from summer 2019.

  • Hot dogs, a popular food at parking lot parties, are 5.3% more expensive than in 2021.
  • Beer is up 4.6% since last July, while food prices are up 13.1%.
  • Chicken or minced meat have risen 17.6% and 9.7% respectively.
  • Propane and firewood have increased by 22% compared to 2021, so traditional barbecues will also be more expensive.

How to save money on tailgates in 2022?

Wells Fargo specialists suggest fans opt for mass transit if possible, where prices have hardly moved since last year.

  • Although they have raised their price, it is better to choose to eat hot dogs or hot dogs, instead of meat or chicken. Another cheap option is pork ribs, which only increased 1.6%.
  • As for side dishes, House suggests choosing fresh fruits and vegetables — which are up less than 10% — rather than packaged snacks, which are up nearly 17%.
  • Wells Fargo suggests that fans who want to cut corners can watch the game at home. Ticket costs for live sports are picking up, TV prices are down almost 15%.

Main news source: USAToday

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Inflation reaches the NFL: tailgates will be more expensive this year