The New York Post e-Edition

NICK BADOLATO, 52, married with a young son in Dyker Heights

Carl Campanile

Retired NYPD Lt. Nick Badolato said he’s feeling a big pinch in his pocket from the record-high inflation that has jacked up the price of his electric and gas bills, meat and groceries and personal care products.

His monthly costs to pay utility bills and necessities jumped about 20 percent — from $3,000 to $3,600.

His Con Ed electric bill skyrocketed from $185.90 in December to $280.46 in January.

Badalato and wife Dawn, who works part-time as stenographer, reside in leafy Dyker Heights in southern Brooklyn. He noted he now pays about $9,000 in property taxes, which are rising 5% to 8% a year due to increases in market value.

“We have no control of the costs. It’s out of our control,” he said. “We’re on a fixed budget. We’re scaling back,” forgoing travel. “I gave up the filet mignon sirloin. The price is up about 25%,” he said.

Dawn would like to move elsewhere. But they both have adult children and family nearby that have kept them in New York. Their youngest child, Nicolas, is 9. “Even though we’re middle class, it’s not enough to live comfortably in New York City,” he said.

“It’s sad to see middle- and lower-class people suffering.”

BIDENFLATION

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2022-02-11T08:00:00.0000000Z

2022-02-11T08:00:00.0000000Z

https://nypost.pressreader.com/article/281552294277158

New York Post