Cost-Of-Living Adjustment (COLA) (2024)

Automatic Determinations

COLA Determination

Consumer Price Index

Average Wage Index

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. We call such increases Cost-Of-Living Adjustments, or COLAs. We determined a 3.2-percent COLA on October 12, 2023. We will announce the next COLA in October 2024.

Social Security program information

Supplemental Security Income (SSI) program information

Other information

Cost-Of-Living Adjustment (COLA) (2024)
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