As the costs of goods continues to increase nationwide, Social Security benefit adjustments aren't expected to keep up.
SSA bases its annual adjustment on the CPI. Additionally, anyone can use the index to calculate buying power by adjusting historical values to see how they stack up in today’s dollars.
If you're moving to San Diego this year, your monthly cost of living will be 20% more expensive than if you had made the move ...
Understand the purpose of market escalation contracts and learn how the Consumer Price Index (CPI) is often used to make periodic contract price adjustments.
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