Rising petrol prices are putting household budgets under the pump, latest figures show.
According to the Australian Automobile Association, in the September quarter Adelaide’s household transport costs rose by $338 to $18,843 per annum. This increase was mainly due to higher fuel expenditure, which increased by $252 per year.
RAA fuel expert Mark Borlace said petrol prices continued to climb.
“Transport costs are placing an increasing burden on household budgets,” Mr Borlace said.
“The latest quarterly figures show Adelaide fuel expenditure increased $4.86 a week on average, or $252 a year.
“Over the longer term, fuel expenditure increased in Adelaide from $60.98 a week in 2020 to $73.63 a week this year, which is why we urge motorists to use our free myRAA app to find the cheapest price on the market in real time.’’
The weekly increase in petrol costs easily outstripped other transport expenses, according to AAA’s latest Transport Affordability Index.
It found weekly car loan payments rose by 48 cents, servicing & tyres by 10 cents, public transport was up $1.10, while roadside assistance increased by just 4 cents.
The index also reported that Mt Gambier’s weekly fuel price bill jumped by $6.26 last quarter.
South Australians are urged to shop around and find the cheapest fuel in their area by downloading the myRAA app. Visit raa.com.au/fuel.