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This would be the smallest Social Security COLA since 2020 and would be more than a full percentage point below the long-term average. For context, the average Social Security benefit for a ...
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 are now. Between 1975 and 1982, COLAs ...
Source: Social Security Administration. Chart by author. For some perspective, the average COLA since 1975 is 3.75%. The highest-ever COLA was 14.3% in 1980. In 2010, 2011, and 2016, there were no ...
As expected, Social Security recipients will be getting a 3.2% cost-of-living adjustment (COLA) in 2024 -- the lowest COLA since 2021, and well below this year's 8.7% adjustment. The Social ...
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% ...
What is Social Security's COLA, and how does the SSA calculate it? ... The average cost-of-living adjustment since 2010 has been a more modest 2.3%.
How the 2025 COLA compares to recent adjustments. As of August 2024, the average Social Security recipient received a monthly benefit of $1,783.55.But the average retired worker did a bit better ...
Since COLAs became automatic in 1975, the average COLA has been 3.75% if you include this year's COLA. At 2.5%, the 2025 COLA is below average and the lowest since the 1.3% COLA in 2021. The good ...