What Is Cost Of Living Increase 2024. Social security benefits will increase by 3.2 percent beginning with the december 2023. All five living cost indexes (lcis) rose between 1.2% and 1.4% in the june 2024 quarter.
Whereas the consumer price index (the one quoted by the treasurer) increased 5.4 per cent in the year to september, the living cost index for households. Bankrateโs pay raise survey also found that 64% of.