Tabby Katharine

Cost Of Living 2024 Social Security Estimate. That means that for the 2025 cola, the ssa is using. The 2024 cola is 3.2%—a sharp decline from the 8.7% cola administered in 2023.

In 2023, the social security administration indicated the cola would increase by 3.2% in 2024. It’s not going to approach 2023’s historically high cola increase of 8.7%, but the 2024 social security cost of living adjustment is expected to be 3.2%, which if it comes to fruition would.