Cost Of Living Increase 2024 Uk. Food and energy prices rose markedly, particularly gas prices, partly in response to the conflict in ukraine. These rates are for the national living wage (for those aged 21 and over) and the national minimum wage (for those of at least school leaving age).
Our inflation calculator is designed for illustrative and general reference purposes only. Eight million eligible households will receive three cost of living support payments of ยฃ301, ยฃ300 and ยฃ299.