Estimated Cost Of Living Increase For 2024
Estimated Cost Of Living Increase For 2024. Knowing the current inflation rate and. The social security cola could be 2.7% in 2024 based on the latest consumer price index data, according to the senior citizens league, a nonpartisan senior group.
Social security beneficiaries will see a 3.2% boost to their benefits in 2024, the social security administration announced on thursday. The cola for 2022 was 5.9%.