Cost Of Living Increase 2024 Usa. The cola in 2023 was 8.7 percent — the highest in more than 40 years as inflation soared — but dipped to 3.2 percent in 2024 as price pressures cooled: While more changes continue to be set in motion, here is a brief overview of the main cost of living adjustments for 2024 so far.
The chart below provides details on the 2024 cola calculation: The rate was 3.0% for june 2024.
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