Cost Of Living Increase 2024 Estimated. The exemption amounts in 2024 will be $85,700 for singles and $133,300 for joint filers, increasing by $4,400 and $6,800, respectively, over 2023 amounts. On a yearly basis, the cpi rose 2.9%, its lowest yearly growth rate since march.

So both estimates imply payouts will increase by 2.6% in 2025. Published tue, jun 13 20231:04 pm edt updated tue, jun 13 20231:59 pm edt.