Social Security Cola 2024 Adjustment Chart. That equates to an average monthly rise of. We will announce the next cola in october 2024.

As for what this means in more relatable terms, in that this year’s average monthly social security payment stands at $1,907, a 2.63% increase would put 2025’s. In january 2024, payments rose by 3.2% over 2023, according to the social.