Social Security Cost Of Living Increase 2026

Social Security Cost Of Living Increase 2026. A 2.1% cola would increase their average check by more than $41 per month to approximately $2,017. The purpose of social security colas is to help ensure that seniors don't lose buying power over time as inflation leads to higher living costs.

Without cola, many retirees who rely solely. Social security’s cola is vital for retirees.