Smart Buying Advice for SNAP Recipients: How to Extend Your Budget for 2024

Join For Personal Benefits News

The Center on Budget and Policy Priorities projects that in 2024, the average SNAP payout will be $189 each month, or $6.20 each day. Every year, SNAP benefits are modified to reflect inflation. These raises are helpful, but usually not sufficient to pay for a lunch.

The U.S. Department of Agriculture Food and Nutrition Service modifies SNAP maximum allotments depending on cost of living at the start of each federal fiscal year. This is referred to as a COLA adjustment, and it represents the sum of money required to maintain a minimal standard of living. The maximum monthly SNAP payment for a family of four went up from $939 to $973 for the majority of the territories and states.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *