FROM KEEPING WARM TO GETTING TO WORK – HOW THE RISES ADD UP

Energy bills – £693 increase a year

Price cap increase of 54% will push the average annual bill from £1,277 to £1,971 from April – although there will be (repayable) government relief of at least £200 per customer.

Interest rates – £324

The Bank of England raised base rates from 0.25% to 0.5%. A family with a £200,000 mortgage with the average tracker rate of 3.53% will see their monthly repayments rise from £1,004.47 to £1,031.53 – an extra £324 a year.

National Insurance hike – £255

The Government’s planned extra 1.25 percentage points on National Insurance – effectively a rise of 10% – will cost an average extra £254 on earnings over £9,568.

Council Tax rise – £57

The average Band D property in England is expected to rise £57 from £1,898 to £1,955. Scottish councils are yet to decide on an increase.

Running a car – £406

The cost of buying a second-hand car is estimated at £391 more, with servicing and repairs up £15 in a year.

Petrol prices – £311

Petrol is up 26.8% in a year – meaning anything between £311 to £1,159 a year for most drivers.

Rail fares – £67 Bus and train fares go up 3.8% in March – £67 for a typical commuter.

Tax band freeze – £136

Chancellor Rishi Sunak has frozen personal tax allowance at £12,750.

Source – ONS figures, analysed for the Daily Mail by Hargreaves Lansdown Based on a married couple with two children, one car and an annual household income of £30,000.

Food and drink – £165

Annual inflation on food and drink is 4.2% – an extra £165 a year for the typical family.

Clothing and footwear – £51 Annual inflation on clothing and shoes is running at 4.2%.

Household goods and health products – £178

Inflation on household goods is running at 7.3%, and on health and wellbeing products at 2.2% per year.