Cost Of Living Increase 2024 Estimate. Summary of cost of living in india: The fastest uptick in the prevailing inflation rate in four decades led to a 5.9% cola in 2022, 8.7% cola in 2023, and 3.2% cola in 2024.

The 2025 cola will be announced in october 2024. Bureau of labor statistics (bls), consumer prices rose 3.2 percent from february 2023 to february 2024, with the cost of food specifically increasing 2.2.