Social Security COLA 2027: New benefit increase is expected soon - here’s when the numbers will be revealed
The 2027 Social Security cost-of-living adjustment is set for announcement on October 14, 2026, with an estimated increase of 3.4%.
The Social Security Administration is set to reveal the cost-of-living adjustment (COLA) for 2027 on October 14, 2026, after the final inflation data is released. Current projections estimate a 3.4% increase, surpassing the 2.8% boost recipients received in 2026. However, this estimate is subject to change based on the upcoming September and August inflation numbers.
The COLA is calculated using the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) and relies on average figures from a three-month period. Beneficiaries currently receive Social Security payments of varying amounts, and the exact increase would depend on their individual payments. The higher COLA would provide more financial support for retirees facing rising costs in housing, food, transportation, and healthcare.
However, the size of the increase does not guarantee more money to spend, as other factors like Medicare premiums can influence the impact on everyday living.
Written by urgent.news from Hindustan Times - World News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
