How Much Will Social Security Increase 2024. Inflation cooled considerably in 2023, but consumer prices still went up, producing a 3.2 percent cola for social security beneficiaries. That equates to an average monthly rise of about.
Inflation cooled considerably in 2023, but consumer prices still went up, producing a 3.2 percent cola for social security beneficiaries. Washington (ap) — millions of social security recipients will get a 3.2% increase in their benefits in 2024, far less than.