The average costs for a concert ticket (£89.85), eating out (£54.80) and a Uber journey (£18) in 2022 have seen the highest price surges in the past five years, according to new research by Penfold, a digital pension provider. As levels of inflation soar at a far greater rate than wage and benefit increases, Penfold has investigated the most expensive everyday costs in 2022, including the predicted costs in 2025.
Overall, the cost of living prices has risen by as much as 41% in five years, it said.
