2024 Cost Of Living Increase Uk. Average benefit rates have increased but still lag inflation. That means things costing £1 in june 2023 cost £1.02 the same time the following year.
Here is a list of payments for 2023. Predicted increase in household expenditure for 2024 (exclusive data) uk cost of living statistics indicate that those in london are likely to spend almost £411 a month more on living costs in 2024 compared to 2022, whereas.