Current Cost Of Living Increase 2024 Uk. Food and energy prices rose markedly, particularly gas prices, partly in response to the conflict in ukraine. As our chart using data from the joseph rowntree foundation shows, the amount you need to live a basic lifestyle has gone up by around 20 percent for all selected groups and.
By 2024, living costs should be increasing by less than household incomes as inflation rates fall. Our inflation calculator is designed for illustrative and general reference purposes only.