"Rising costs" refers to an increase in the amount of money needed to produce or purchase goods or services. It means that things are becoming more expensive over time. Full definition
With rising cost of living, education and many more things, it seems a new population of ostensibly generous richer and older men has risen. (sugardaddyhalifax.ca)
Every year it seems we are faced with rising costs of health insurance. (verywell.com)
The franchisees feel the company is charging them way too much to operate their restaurants, citing rising costs for rent, remodeling, training and software. (entrepreneur.com)