Cola Increase 2024 Watch Free. Social security beneficiaries are getting a raise, and the cola (cost of living adjustment) for 2024 is 3.2%. With the increase, that would jump to $1,760.30 per month.

With the increase, that would jump to $1,760.30 per month. “the 2025 cola prediction is about 2.57%, down from 2.63% last month,” says alex moore, the senior citizens league’s (tscl) statistician.