LegalConsumer has published updated inflation-adjusted state exemption amounts for 2022-2023.
Several states update their exemption amounts for inflation. Some states increase every even year, like Minnesota, South Carolina, and Alaska, while others change every three years, like New York, California, Ohio, and Michigan. Still, others change every year, like the Arizona Homestead Exemption, the Montana Homestead Exemption, and the California Homestead Exemption (which is based on the sales prices of homes in specific California counties).
- Alaska - October 2022 (even-numbered years)
- Arizona - January (every year, beginning 2024) Homestead Only
- California - April 2022 (every 3 years)
- Indiana - March 2022 ((every 6 years)
- Maryland - April 2022 (every 3 years) Homestead Only
- Minnesota - July 2022 (every 2 years)
- Montana - Homestead (every year 4% - $364,000)
- Ohio - April 2022 (every 3 years)
- South Carolina - July 2022 (every 2 years)