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The average COLA: A snapshot in history The Social Security program has existed since 1935, but COLAs were not introduced until the mid-1970s. Back then, the adjustments were much larger than they ...
Last year, the cost-of-living adjustment, or COLA, was significantly lower, at just 3.2%. With that in mind, what would be considered a "typical" Social Security COLA?
When you look at the history of Social Security COLAs since the turn of the century, the 2025 COLA is remarkably average. It ranks as the 12th highest COLA since 2001 and sits just under the 2.58% ...
Social Security payments saw a big bump in 2022 due to high inflation. Seniors saw an 8.7% increase in payments, which is the biggest Social Security annual increase since 1981. But in 2023, the...
A big uptick in the prevailing rate of inflation has sent COLAs soaring over the last three years. US Inflation Rate data by YCharts.. Say goodbye to your historic cost-of-living adjustment in 2025
The annual Social Security COLA is based on the third-quarter change in the CPI-W, or Consumer Price Index for Urban Wage Earners and Clerical Workers. In July, the index rose 2.9%. In July, the ...
Millions of retired Americans rely on Social Security as a key source of monthly income. And that makes the program's cost-of-living adjustments, or COLAs, so important.
The Social Security Administration has announced a 2.5% cost-of-living adjustment for recipients in 2025, the smallest such increase since 2021.