Senior Citizens League Sees 3.6% 2027 Social Security COLA, Lifting Average Benefit to $2,146
Updated
Updated · currently.att.yahoo.com · Aug 18
Senior Citizens League Sees 3.6% 2027 Social Security COLA, Lifting Average Benefit to $2,146
3 articles · Updated · currently.att.yahoo.com · Aug 18
Summary
A 3.6% cost-of-living adjustment would raise Social Security payments starting in January 2027, with the average retiree benefit climbing to about $2,146, based on inflation data through July.
July CPI-W inflation ran at 3.4%, closely matching CPI-U, and Social Security's COLA formula uses the average CPI-W reading for July through September, leaving the official 2027 figure to be set in October.
August and September inflation could still shift the final adjustment, but the report says price trends usually move slowly and could even reaccelerate if oil flows through the Strait of Hormuz remain disrupted.
The 3.6% estimate matches The Senior Citizens League's updated forecast from last week, down from 3.8% earlier, suggesting slower inflation even as next year's increase would still top the 2.8% COLA for 2026.