No matter what tax bracket you are in this economy has been impacting your wallet and your budget.

According to the latest report from the Bureau of Labor Statistics, the annual inflation rate in May was 8.6%, its highest level since 1981, as measured by the consumer price index. This massive 8.6% does not accurately reflect what is going on here in our home state.

Florida has gone from a vacation destination to one of the most desirable places to live in the USA. This is partly thanks to of course our wonderful tropical weather and beautiful beaches but also due to the crazy rapidly changing political climate across the country.

You can easily see the influx in the traffic, crowds, prices, and even the architectural style of building (Many new complexes are being built 4 and 5 stories high throughout the state, forgoing the old one-story traditional bungalow style Florida has become known for.)

Here are just the top expenses we have noticed skyrocketing

  • Apartment rental costs here in Florida are up 34% from just one year ago.
  • Food prices have gone up 10% in the sunshine state. Beef, in particular, has jumped 20% alone and eggs are up 32%.
  • Used car prices have risen 30.4% across the state. (Even so, this is still 10% less expensive than the national average).
  • Gas has gone up a massive 48.8% costing all of us big time at the pumps.
  • Furniture has increased 16.2%.
  • Airline tickets are up 23.6%
  • Retail store prices for non-food items are also costing more. Shipping delays, gas prices, and the inability to get raw materials readily are adding to the issue.

At First Pawn Jewelry and Loan, being a pawn shop, we are in a unique situation in the retail market. We do not buy from suppliers. We do not ship from overseas. Our stock and our products come 100% from the American people living right here in Southwest Florida.

We are a family-owned and operated community-based operation that supports Naples, Lehigh Acres, Cape Coral, Fort Myers, Marco Island, Estero, Bonita Springs, and all other surrounding areas.

Because of this, we are doing our very best to not only continue to offer you top dollar for your pawned or sold items but also to keep our retail prices at pre-inflation prices. Pawn shops were always a wonderful cost-effective alternative to big-box retail chains, but now, in this economy, we are hands down the smart choice to check with first before heading to the store.

We have power tools, hand tools, sporting goods, collectibles, musical instruments, jewelry, investment gold, gold coins, watches, designer bags, designer jewelry, bicycles, firearms and ammo for home protection, TVs, entertainment equipment, gaming consoles, engagement rings, wedding bands, computers, laptops, phones, iPads, and we offer no credit check on the spot cash loans!

If you have “it” and need cash or have cash and need “it” – Chances are we just might be the best place to try! There is no reason to pay more when you do not have to, especially right now.

Visit our showrooms today for spectacular bargains.

First Pawn Jewelry & Loan

889 Airport Road South, Naples, Fl 34104 | 239-434-7296

1331 Homestead Rd N, Lehigh Acres, FL 33936 | 239-369-2274

We look forward to meeting you!

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