Ssa Cost Of Living Increase 2024 Calculator. More than 71 million americans will see a 3.2% increase in their social security benefits and supplemental security income (ssi) payments in 2024. That equates to an average monthly rise of about $55 for all.

Starting in january, social security benefit payments for 66 million beneficiaries will rise 3.2% to keep up with the cost of living, the social security administration said thursday. Increased payments to approximately 7.5.