Cost Of Living Payment 2025 Percentage . Cost Of Living Index 2025 Zane Cruz The 2.5 percent cost-of-living adjustment (COLA) will begin with benefits payable to nearly 68 million Social Security beneficiaries in January 2025 The average monthly payment in 2024 is about $1,927 per month, according to the latest information from the Social Security Administration
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For 2025, that figure is expected to grow by nearly $50 each month to $1,976. The 2025 cost-of-living adjustment (COLA) is the lowest since 2021, reflecting a continued cooling of inflation following a surge in consumer prices during the COVID-19 pandemic.
Current Cost Of Living Increase 2025 Bryana Jocelyn For 2025, Social Security benefits and Supplemental Security Income (SSI) payments will increase by 2.5%. This works out to an average of about $50 per month, bringing the average payout per month for retirees up to $1,976. How much is the increase: Social Security benefits and Supplemental Security Income (SSI) payments for more than 72.5 million Americans will increase by 2.5% in 2025
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