Cost Of Living Increase 2024 Percentage Difference. Gross rent as a share of household income in the u.s. Bureau of labor statistics (bls), consumer prices rose 3.2 percent from february 2023 to february 2024, with the cost of food specifically increasing 2.2.
In 2023, it was 8.7%. The 3.2% cola increase rounds out to about $59 extra per month in benefits, from an average of $1,848 per month to $1,907, according to the social.