Cost Of Living 2024 Usa. This breaks down to $66.62 in hourly wages, or an annual salary of $138,570. In 2023, food prices increased by 5.8%, following a 2022 increase of 9.9%.
You can use cost of living information to determine how expensive it is to live and set up shop in an area. This data represents changes in the prices of all goods and services purchased for consumption by urban households.