Cost Of Living Increase 2024 Bc. However, many costs — including electricity and grocery bills — will. The consumer price index (cpi) represents changes in prices as experienced by canadian consumers.

According to canada’s food price report researchers, 2024’s increased costs could see a family of four spend up to $16,297.20 on average — an increase of about $701.79. The amount of money it takes for people to earn a living wage has increased across the province, according to a new report from the canadian centre for policy alternatives.