Cost Of Living Adjustment 2024 Seattle Washington 2024
Cost Of Living Adjustment 2024 Seattle Washington 2024. Colas used in city labor contracts are determined by one of the following three measures: The 2024 social security cost of living increase — or cola — is to be announced on thursday.
The resulting cost of living adjustment (cola) for 2024 increases the maximum monthly benefit to $8,913.80 or 120 percent of the state’s average monthly wage. The average cost of living in seattle is $2908, which is in the top 2% of the most expensive cities in the world, ranked 206th out of 9294 in our global list, 168th out of 2202 in the united states, and 4th out of 54 in.