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Data source: Social Security Administration. Table by author. You might have noticed the amount of the COLA was 0% in three years: 2009, 2010, and 2015.
In fact, next year's 2.5% bump is higher than the 2010's average COLA of 1.4%, and is similar to the average since 1983 (after the soaring inflation of the preceding decade). What it means for ...
Last year, the cost-of-living adjustment, or COLA, was significantly lower, at just 3.2%. ... Image source: Getty Images. The average Social Security COLA since 1975. I won't keep you in suspense.
COLA year over year. The following is a breakdown of COLA adjustments between 2004 and 2024. No COLA existed during years without inflation or deflation. Year. COLA. 2004. 2.7. 2005. 4.1. 2006. 3.3.
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 ...
Driven by stagflation and the energy crisis, 1980 was the single most impacted year, and due to double-digit inflation rates, it saw a record-breaking 14.3% COLA increase.
Image source: Getty Images. The average COLA: A snapshot in history. The Social Security program has existed since 1935, but COLAs were not introduced until the mid-1970s.
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% ...