Cost Of Living Increase 2024 California. It’s truly the only state where you can take silicon valley by storm, spend a day surfing and shoot through wine country all in one week. A cost of living adjustment (cola) is a change in monthly social security benefits that accounts for inflation.
Total costs for existing programs and statutory cost‑of‑living adjustment (cola) estimated at $109.3 billion. Californians spend more than any other state on groceries per month, at $298.