Ss Cost Of Living Increase 2024 Increase. Social security beneficiaries will see a 3.2% boost to their benefits in 2024, the social security administration announced on thursday. At 2.5% the 2025 cola is expected to raise the average social security retirement benefit by about $50 per month, according to the ssa.


Ss Cost Of Living Increase 2024 Increase

At 2.5% the 2025 cola is expected to raise the average social security retirement benefit by about $50 per month, according to the ssa. That would add about $57 to monthly.

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