2024 Cost Of Living Increases

2024 Cost Of Living Increases. With the expected adjustment for cost of living for. Data from the consumer price index (cpi), a key metric from the bureau of labor statistics used to measure inflation, show that prices increased 3.2 percent between february.

The average beneficiary will see a $54 increase in their benefit amount. The consumer prices index including owner occupiers’ housing costs (cpih) rose by 2.6% in the 12 months to september 2024, down from 3.1% in august.