Social Security Cost of Living Increase for 2027 is 3.6%

Posted On October 16, 2026 by admin

Social Security Announces 3.6 Percent Benefit Increase for 2027

The Social Security Administration (SSA) today announced a 3.6 percent benefit increase for 2027. Social Security benefits include Old-Age, Survivors, and Disability Insurance (OASDI), and Supplemental Security Income (SSI). On average, Social Security retirement benefits will increase by $75 per month.

… the maximum amount of earnings subject to the Social Security tax in 2027 will jump to $192,300, up from $184,500 this year.

Once again, it’s sad to say, but the Social Security increase barely covers the Medicare insurance increases.