It's normal for the battery to lose 1% of its health a month
That's a good general guideline for phones up through the iPhone 14 with batteries designed to go 500 charge cycles before they reach 80%. That works out to a 1% decline for every 25 charge cycles.
But, the iPhone 15 and 16 have batteries that have been "designed" to go up to 1,000 charge cycles before the battery is down to 80%.....(1% decline for every 50 charge cycles).....so the new math would be closer to losing .5% a month or 1% every two months.
Apple mentions "ideal conditions" for the newer batteries (and older batteries) but they don't provide any firm details on what "ideal" might be.
From Apple's documentation:
Batteries of iPhone 14 models and earlier are designed to retain 80 percent of their original capacity at 500 complete charge cycles under ideal conditions.1 Batteries of iPhone 15 models are designed to retain 80 percent of their original capacity at 1000 complete charge cycles under ideal conditions