Cost of Living Adjustment (COLA) | 2024 (Anticipated)
In 2023, churches are much more aligned on a cost of living adjustment of 3%. Slightly less than half (44%) of churches plan on using a COLA of between 3% and 3.5% (average = 3.1%, median = 3%).
In 2023, churches are much more aligned on a cost of living adjustment of 3%. Slightly less than half (44%) of churches plan on using a COLA of between 3% and 3.5% (average = 3.1%, median = 3%).
