Estimated Cost Of Living Raise For 2025

Estimated Cost Of Living Raise For 2025. With two months of data still pending, current estimates suggest a 2.57% cola increase for 2025, which would add about $50 per month to benefits,. For retired workers, who account for more than 51 million of the program's close to 68 million beneficiaries, a 2.6% cola translates into an average monthly increase of $49.90.

Today’s wealthiest social security beneficiaries rake in a whopping $4,873 per month. This new refund would send a payment of $300 to single taxpayers who make up to $150,000 per year, and a payment of $500 for joint tax filers making up to $300,000 per year.