Cost Of Living Increase 2024 Social Security Calculator

Cost Of Living Increase 2024 Social Security Calculator. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than this year’s historic boost and reflecting. For 2024, the social security cola was 3.2%.

So benefit estimates made by the quick calculator are rough. Since 1975, social security’s general benefit increases have been based on increases in the cost of living, as measured by the consumer price index.