Funeral industry trying to hold the line as costs soar

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

SIX FEET UNDER: Funeral industry trying to hold the line as costs surge

Compare that to the agency's report from 2017 showing that the price of funerals had risen nearly twice the rate of inflation for all consumer items over the three decades prior.they are doing everything in their power to absorb the costs, but it's a hefty challenge. This means that consumers, already squeezed by price increases from everyday goods, groceries and gas, could face higher funeral bills.

Kelder, who has been a licensed funeral director for over 40 years, said funeral homes are generally "mindful to keep their charges within the norms of what their local markets can afford as well as any competitive pressure influences" and will reevaluate pricing and make adjustments to their offerings every one to two years. , price changes are now occurring every three to six months," he said.

Still, even with the added pressures, some funeral homes are "sitting tight until they absolutely must adjust pricing." Kelder said he has never seen so many people contacting his office seeking financial assistance to pay for a funeral.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Cremation

Keep the lid shut on price increases would have bben a better title 😜

Funerals are the biggest scam. Skip the embalming, cremate everyone, wrap it up in 1 day and move on. Celebrate those who pass for they get relief from Biden’s shit show.

Could of wore a mask and got vaccinated. You sent them a million bodies in two years.

Hey Fox, do you have any investigative reporters left? Or, do they all just phone it in from their iPhones?

Oh horseshit. The MOST OVERPRICED racket EVER. Funeral industry has outrageous price hikes every year. Check out Dignity Memorial (Palm Mortuary) price list. They’re required by law to give it to whomever asks. OVERPRICED GOUGING.

Plan and pay today to lock your price in. preneed prearrangeyourfuneral makeiteasier

The mark up in the funeral industry is almost as high as the mattress industry.

Direct cremation is the way to go.

Continue to keep cost down? I've lost three family members in the past 5 years that I contributed in paying for their funerals. Each time the price has been higher than the previous funeral.

Wouldn’t cremation be the cheapest method? Although I know no the most glamorous burial. but speed the process up, from the ashes you came to the ashes you will go. something like that

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines