2024 Cost Of Living Increase Social Security Increase

2024 Cost Of Living Increase Social Security Increase. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. Annual inflation ticked higher in october, and if that continues,.

That would add about $57 to monthly. Ssa calculates the percent change between average prices in the third.