Cost Of Living Increase 2024 California. West virginia residents spend an average of $752 on median monthly housing costs (across all renters and homeowners), in stark contrast to california, the. Californians spend more than any other state on groceries per month, at $298.

A cost of living adjustment (cola) is a change in monthly social security benefits that accounts for inflation. Starting in 2024, california will have the second highest statewide minimum wage behind washington, which is more than double the stagnant $7.25 an hour federal.