April 1 is the day that most annual price rises for bills such as Council Tax and water bills come into effect, with estimates that most households will have to find around an additional £200 a year to keep pace with rising costs.
Number crunchers at money.co.uk have estimated that average household costs have increased by £188, or 7%, this year compared to last, with essential bills such as water, a broadband and home phone package, a mobile contract, Council Tax and the TV licence fee now coming in at £2,995 a year on average.
With 28.1 million households in the UK, we could be spending around £84 billion a year on these five expenses, an extra £5 billion a year on these common household bills compared to 2022/23.
