2024 Cost Of Living Raise A

2024 Cost Of Living Raise A. On a yearly basis, the cpi rose 2.9%, its lowest yearly growth rate since march of 2021. On average, social security retirement benefits will increase by more than $50 per month starting in january.

In 2023, it was 8.7%. 3 in 5 workers (60%) said their incomes hadn’t kept up with inflation throughout 2023, according to bankrate’s pay raise survey.