Cost Of Living 2024 Increase. The consumer price index rose 3.3% from may. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024.
The new increase for 2024 will be 3.2%, based on september inflation figures disclosed oct. The cost of living is getting more expensive based on the increase in the consumer price index for may 2024.