Social Security 2024 Cost Of Living Increase. According to the latest cola projections, experts estimate a 2.63% cost of living adjustment (cola) on social security checks for next year due to decreasing. This followed a 5.9% increase in 2022, which was the highest in four decades at the time it.

A cola changes benefits based on changes in consumer. This followed a 5.9% increase in 2022, which was the highest in four decades at the time it.