Cost Of Living Increase 2024 California. Lawrence cheng, whose family owns seven wendy’s locations south of los angeles, works on an order in the kitchen at his wendy’s restaurant in fountain valley, calif., june 20,. A cost of living adjustment (cola) is a change in monthly social security benefits that accounts for inflation.

The july 2024 consumer price index for the los angeles area is scheduled to be released on august 14, 2024. The most notable ongoing augmentation is a 0.76 percent statutory cost‑of‑living adjustment (cola) for existing school and community college programs.