Americans face higher back-to-school costs. Here's what's pricier.

Core Impact Points

• The cost of a typical school lunch is up 11% this year, with families expected to spend around $4,000 per student on school supplies and lunches.
• Higher gas prices and tariffs on imported school supplies are driving up costs, with many essential items manufactured overseas.
• A recent survey found that 45% of parents expect to take on debt to cover back-to-school costs, while half of families plan to cut back on household expenses.
• The Iran war and higher energy costs are also contributing to price hikes for school-supply companies, leading to increased costs for consumers.
• A tax break may be available to help families save for school expenses, with tips on how to save on essentials available in a related video.