What Is Cost Of Living Increase 2024
What Is Cost Of Living Increase 2024. Despite inflation slowing down, the overall cost of living continues to increase. The annual inflation rate for the united states was 2.5% for the 12 months ending august, compared to the previous rate.
Over the year ended january 2024, the consumer price index for all urban consumers increased 3.1 percent (not seasonally adjusted). Essentials like groceries have seen notable increases in price recently, meaning people have to.