Cost Of Living Increase 2024 California

Cost Of Living Increase 2024 California. Prices have grown about 20% overall since 2020, according to an analysis by the california legislative analyst’s office based on the most recent consumer price. Proposition 32 would raise the minimum wage to $17 for the remainder of 2024, and $18 an hour starting in january 2025 — a bump from the current $16.

Salary.com’s cost of living calculator lets you compare the cost of living and salary differentials state. Under our estimates, the state can afford to maintain its existing school and community college programs and provide a cost‑of‑living adjustment of up to 8.38 percent in.