Current Cost Of Living Increase 2024. $1 in 2020 is equivalent in purchasing power to about $1.22 today, an increase of $0.22 over 4 years. Goldman sachs projects core pce inflation will.
It’s a snapshot of the current indexes at a specific point. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 โ from $1,848 to $1,907.
