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NYC Residents Struggle as Gas Hits $4, Food Prices Surge

4/12/2026

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Story summary
  • New York City residents face higher costs as gas reaches $4 per gallon and food prices rise.
  • In March, prices rose the most for a month since June 2022, driven by the war in Iran.
  • Financial planner Brandon Goldstein advises clients to budget carefully and distinguish essential from nonessential expenses.
  • Residents report prices such as $15 for French fries and $20 for cocktails, and many struggle to manage costs.