Current Cost Of Living Increase 2025. The 2.5% increase in 2025 is smaller than 2024's 3.2% boost and 2023's 8.7%. The 2025 cola of 2.5% will be added to retirement benefits beginning in january.
The 2.5% increase in 2025 is smaller than 2024’s 3.2% boost and 2023’s 8.7%. The adjustment will increase the average monthly retirement.