Inflation is a major danger to the financial security of retirees, and the price increases that don’t make headlines often covertly hurt retirees the most.

In 2021 and 2022 prices increased almost across the board, generating the highest inflation rates in more than 40 years.

Headline inflation has declined since, but prices for select goods and services continue to spiral higher.

Homeowner’s insurance premiums were rising before the general inflation of 2021 and 2022 and continued to rise faster than the major inflation indexes.

From 2018 to 2013, homeowner’s insurance premiums in the U.S. increased 33.8% on average. Premiums increased almost 60% in Texas and Colorado.

But not every state saw sharp premium increases. Vermont and Alaska saw increases of around 6%. States with increases of 12% or less were West Virginia, South Carolina and Maine.

The causes of the premium increases aren’t a secret.

Home values have increased, and that leads to higher insurance costs. Likewise, construction and repairs costs have increased in most areas.

In some states, weather or natural disaster events have caused widespread and expensive damage to homes.

Electricity prices also have been increasing faster than general price inflation.

In 2023, residential electricity rates across the country increased 6.3% over 12 months, the highest annual increase since 2000 and about double general consumer inflation.

That’s a big change. Between 2013 and 2023, residential electricity prices increased at about the same rate as general consumer inflation.

But analysts now anticipate residential electricity prices will increase faster than general inflation for a while.

Demand for electricity is surging, caused primarily by the large amount of power needed by data centers for artificial intelligence and other technology.