How much has the cost of living increased in the last 12 months?

As of October 2023, the cost of living has increased significantly, with inflation rates varying by region and sector. In many areas, the annual inflation rate has hovered around 3-4%, affecting prices for essentials like food, housing, and transportation. Specific increases can vary greatly based on local economic conditions and supply chain factors. For the most accurate and up-to-date information, it's best to consult local economic reports or government statistics.