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 income  math


Question by  LaLaLady (12)

How do I figure the cost of living raise?

I need to determine what a safe cost of living raise would be.


Answer by  tamarawilhite (17883)

Cost of living factors from year to year are based on inflation. This is based on the CPI, consumer price index, calculated by the government. That number right now is below 2%.


Answer by  jodyb (17)

The cost of living depends upon where you live. Larger metro areas will have about 5% cost of living increase and smaller rural areas about 2% increase.

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