Cost Of Living Increase 2024 Uk 2024.  — the consumer prices index including owner occupiers’ housing costs (cpih) rose by 3.1% in the 12 months to july 2024, up from 2.8% in june 2024.  — to do this, we project a range for next year’s national living wage (nlw, the minimum wage for workers aged 21 and over).

 — benefit and pension rates 2024 to 2025. The cost of living tends to rise over time due to inflation.