Well I think there is a generational thing here too. Specifically on the electricity thing, our bills have nearly doubled in the past 5 years, and utility usage is on everyone's mind by me. I mean hell, I pay like $200/month and live with other people. The price of electricity went from of the cheapest on the east coast at $.09/kwh to about $0.16 from 2019 to may of this year.
Sure most consumables have gotten cheaper alternatives, but that's it they're cheaper, and arguably have to be replaced more often. I don't really want to get into the quality argument, but if were going to say that the exact same goods have gotten cheaper in proportion to the buying power of the dollar I think it's fair to ask _what_ were buying.
Example:
The pickup truck I daily drive listed at $21,500 off the lot in 1999. The exact same truck now, same options, configuration etc, in 2020 model in 2020 listed for $80,000. That same 2020 pickup used in 2023 with 65,000 miles on it was still priced at $48,000 which I almost bought like a sucker (which was a really good deal at the time). You could argue that my 1999 F250 could almost be replaced with a 2020 F150 in towing capacity, so I wouldn't need an F250 anymore an F150 _can_ almost do the same job compared. Are you getting the same product? Are you getting the same value?