How Does Cost-of-Living Influence Item Price?


Answer:

As the cost-of-living increases, secondhand prices increase slightly, but supply also increases. This is because items that normally get thrown out or given away for free suddenly become worth the hassle to sell, as there are more secondhand buyers to sell to. As cost-of-living decreases, prices drop, but so does available supply.


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Updated: 2025-02-05
First published: 2025-02-05