What Is The Cost Of Living Increase For 2025 In The Us. Social security benefits will increase by 2.5 percent beginning with the december 2024 benefits, which are. Social security benefits and supplemental security income (ssi) payments for more than 72.5 million americans will increase by 2.5% in 2025.
That 2.5% translates to about $50 per month, bringing the average monthly benefit for retirees up to $1,976 a month. On october 10, 2024, the social security administration (ssa) announced that social security benefits and supplemental security income (ssi) payments for more than 72.5 million.