Social Security recipients will get more money next year. Here’s how much the COLA may boost benefits.

“The Social Security Administration is projecting a cost‑of‑living adjustment (COLA) of up to 3.6% for 2027, the highest increase in more than a decade. This boost would raise the average monthly benefit by roughly $70, providing additional purchasing power for retirees and disabled workers. The higher COLA reflects recent inflation trends and the agency’s effort to keep benefits in line with living costs. Expert Analysis: A 3.6% COLA could stimulate modest consumer spending among seniors, who account for a sizable share of retail sales, while also adding pressure on the federal budget. If inflation eases, future COLA hikes may moderate, but the current increase underscores the sensitivity of Social Security to price dynamics.”