2024 Social Security Cola Estimate Chart. The average social security benefit will increase about $54 next year, but the precise amount. Social security recipients will get a 3.2 percent increase in their monthly payments next year, the social security administration (ssa) announced oct.
Here’s how you can calculate your increase. The chart below explains how the 2.5% cola in 2025 will impact the average monthly benefit payment for different types of.