The Senior Citizens League, a nonpartisan advocacy group, projects a 3.8% Cost of Living Adjustment (COLA) for Social Security benefits in 2027.
This would be the highest annual increase since the 8.7% boost in 2022.
>>> Sami Ouaissa Denies Transfer Rumors Amid Injury Recovery at NEC
In recent years, COLA changes have been more moderate: 3.2% in 2023, 2.5% in 2024, and 2.8% in 2025.
As of June, the average monthly Social Security benefit was $2,084. A 3.8% increase would add approximately $79, raising it to about $2,163.
For those receiving the maximum benefit of $5,181 per month, the increase would be $197, bringing their total to $5,378.
>>> Gnonto Commits to Leeds United Amid Transfer Speculation
How COLA is Calculated
The annual COLA is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) during the third quarter—July through September.
The Labor Department will release September's figures on October 14 at 8:30 a. m.
ET. Following this, the Social Security Administration will announce the official 2027 COLA increase.
>>> Ipswich Town vs Oxford United: Pre-Season Friendly at Kassam Stadium
The new amount will be reflected in payments starting with the first check of the new year, or the December 31 payment for Supplemental Security Income recipients.
