Recession Relief: Five Things That Are Cheaper These Days - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Recession Relief: Five Things That Are Cheaper These Days

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Believe it or not, this tough economy is making it easier to buy certain products and services.

During tough times, it may seem like everywhere you go everything you buy is costing you more money, but that's just not true.

Steve Bishop and his wife want a great deal on a pre-owned car.

"I've heard that a lot of places are hurting," he said.

According to the Consumer Price Index, used car and truck prices are down nine percent from a year ago. At Pacific Honda, senior salesman J.R. McDonald says these days buyers demand deals.

"The bad times are making people a lot more fiscally responsible," McDonald said.

That attitude is helping to drive down the price of items like electronics. Since last year, computer prices have dropped by 12 percent and televisions by 21 percent.

Airline passengers are also landing great deals, with reported round trips from San Diego to Orlando and Boston as low as $250.

For those of you staying home, it's a great time to buy one. Housing prices have plummeted by 27 percent in the past three years, with interest rates so low, buyers can back their investment with stable financing.

"I'd say about 80 percent of the offers are people who want 30-year fixed or 15 years fixed. More often than not, they want a vanilla loan not of an exotic nature," Andre Kwan of Magnifund Group said.

Filling up your new home's walk-in closet also just got cheaper. Women's clothing has dropped 12 percent in the past five years.

Although those recession savers are leaving more money in your pocket, the Consumer Price Index reports items such as food and gasoline continue to inch up.

According to the Consumer Price Index, medical care and college tuition have also seen dramatic price increases in recent years.

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