Social Security COLA Seen Rising 3.6% in 2027 as Inflation Lifts Biggest Increase Since 2023
Updated
Updated · Yahoo Finance · Aug 31
Social Security COLA Seen Rising 3.6% in 2027 as Inflation Lifts Biggest Increase Since 2023
3 articles · Updated · Yahoo Finance · Aug 31
Summary
A 3.6% 2027 Social Security COLA is the latest estimate from The Senior Citizens League, 0.8 percentage points above the 2026 increase and on track to be the biggest benefit boost in four years.
That projected gain would raise the average monthly benefit to about $2,161 from $2,086 — roughly $75 more — while the average spousal benefit would climb to about $1,023 from $987.
Those increases may still feel limited because 2026 inflation has already eroded purchasing power, and higher Medicare Part B premiums next year are likely to absorb part of the COLA.
August and September inflation data will still shape the final figure before the Social Security Administration announces the official 2027 COLA on Oct. 14, with personalized notices due in early December.