Why microwaves will likely get cheaper but your haircut won't

Some services, like barbering and childcare, cost way more than they did in the past and keep going up in price. On the other hand, a lot of manufactured goods, like TV's, have become less expensive. And the "Baumol effect" could explain why. Plus, we look at the rise of extra spicy foods on restaurant menus and what's at stake as cargo ships sit idle near the Strait of Hormuz.

You can listen to Why microwaves will likely get cheaper but your haircut won't online on Radio and Podcast. Open the player on this page to stream the available audio.

Why microwaves will likely get cheaper but your haircut won't is an episode from Cost of Living by CBC.

This episode is 00:27:47 long.

This episode was published on Mar 6, 2026.

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