(Indianapolis, IN) - Someone must think we all got raises in June. A number of price increases go into effect today.

 

The first phase of a NIPSCO electric rate hike totaling nearly 17% kicks in today. The average customer will see an increase of approximately $23 per month, or $276 per year. The increase will be gradually phased in through early next year.

 

The South Shore Commuter Rail Line has also raised prices this month. Starting today basic ticket prices go up 10%, which means a one-way trip from Michigan City to downtown Chicago has risen from $10.25 to $11.50.

 

The price of gasoline is now about two cents higher after a tax increase. The state’s gasoline sales tax and excise tax went up roughly a penny each. Sales tax on gas now sits at over 17 cents, and excise now accounts for 36 cents per gallon. For reference, federal taxes of over 19 cents bring the total taxation of gas in Indiana to nearly 73 cents per gallon. According to AAA, the price of gas in the Hoosier State is about six cents above the national average.

 

And if you’re a smoker, you should have stocked up on cigarettes yesterday. They’re $2 more per pack now, thanks to state legislators who raised the tax. Taxes on other tobacco products also went up.