2024 Cost Of Living Increase Percentage By State. To do this we first calculate average living expenses based on your current location and desired location. This is a drop from last year’s 8.7% increase.
Every year, the council for community & economic research (c2er) publishes a report that details the cost of living by state. Inflation rates reflect how much prices have increased since january 2021, and inflation costs reflect how much more the average u.s.