Cost Of Living 2024 Forecast Meaning. Food and energy prices rose markedly, particularly gas prices, partly in response to the. 12, when the september inflation numbers come out.

The 2025 cola prediction is about 2.57%, down from 2.63% last month, according to tscl statistician alex moore. Cost of living is defined as the amount of money required to cover necessary expenses to maintain a certain lifestyle standard in a particular place.