Ss Cost Of Living For 2024. Increased payments to approximately 7.5 million ssi recipients will begin on december 29, 2023. Starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907.


Ss Cost Of Living For 2024

In january 2024, payments rose by 3.2% over 2023, according to the. The 2024 cola increases the average monthly benefit by about $58, taking the typical retiree’s check to $1,907.

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