2024 Cost Of Living Increase Rate. In the 12 months to june 2024, the figure was 2.0%. The most relevant statistics and facts about the cost of living in the united states.

Social security benefits have been increased by 3.2% for 2024, meaning social security recipients and those on supplemental security income (ssi). By 2024, living costs should be increasing by less than household incomes as inflation rates fall.