Prices
Prices of Commodities, Cost Of Living
noun
Things with value have prices.
物価 refers to the prices of goods and services in a place — the prices of commodities, a.k.a. the cost of living. It's used when discussing how expensive it is to live somewhere or when talking about inflation.
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well. The ぶつ changes to ぶっ, though, so hopefully that doesn't change the price you're willing to pay for this vocab? Right? Please give me your money.
日本でも、ついに物価が上がり始めたようだ。
In Japan, it seems that prices have finally begun to go up, too.
物価が急上昇してインフレが起こったせいで、お金の価値が下がってしまった。
Inflation, or a sharp rise in prices, has occurred, and this has caused the value of money to drop.
最近は、物価が高くて遠い北米やヨーロッパよりも、近場で物価が安いタイやベトナムなどが、日本人の旅行先として選ばれています。
Japanese tourists are increasingly choosing to travel to Thailand and Vietnam instead of expensive and distant North America and Europe since they are close by and affordable.