Percentage Of Cost Of Living Increase 2024. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907. On 31 march 2024, 117,450 households were in temporary accommodation, which is an increase of 12.3% from 31 march 2023.

With the expected adjustment for cost of living for 2024 at 8.7%, if you give an employee an annual salary increase of $10,000, you will need to adjust that amount. The average beneficiary will see a $54 increase in their.