Cost Of Living 2024 Social Security Increase Chart

Cost Of Living 2024 Social Security Increase Chart. The new amounts, the result of. That equates to an average monthly rise of about $55 for all.

Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907. The percentage change is the cola for the following year, typically announced in october.