Cost Of Living Increase 2024 California. Bureau of labor statistics reported today. Since 1983, california advocates for nursing home reform (canhr), a statewide nonprofit 501 (c) (3) advocacy organization, has been dedicated to improving the choices, care and quality of life for california’s long term care consumers.

A new prediction shows that next year’s cola increase could be smaller for seniors’ benefits. This followed a 5.9% increase in 2022, which was the highest in four decades at the time it was issued.