According to comparison website comparethemarket.com, the average household’s energy bill has risen by around £200 in the last year.
Comparethemarket.com used insurance quotes from its own website, and found car insurance to have the highest price rise, with average premiums rising £97 to £691.
The company put the price increases down to a rise in insurance premium tax (IPT), as well as other factors.
On 01 October, IPT rose from 9.5 per cent to 10 per cent. Because IPT applies to the majority of general insurance policies in the UK, tens of millions of people saw their insurance costs rise considerably.
Alongside the increases in insurance bills, energy costs have also increased. The annual bill is now £1,383 on average, following a rise of £94.
Insurance for home and contents now stands at around £140, which represents a comparative rise of £5 from two years ago.
Director of comparethemarket.com, Simon McCulloch, said: “This rise in the cost of bills is pretty devastating news for consumers who will inevitably be feeling significantly harder up as we go into 2017.”