2027 Social Security COLA forecast: How much could your monthly check increase next year?
India, Aug. 24 -- Social Security recipients could get a bigger monthly payment in 2027. The latest forecast puts the possible 2027 Social Security cost-of-living adjustment (COLA) at 3.5%.
AARP gave the latest 3.5% estimate based on inflation data available so far. But 3.5% is not the final COLA. The estimate could still move up or down because the government has not finished the inflation data needed to calculate the official increase.
The possible 2027 increase would be higher than this year's COLA. Social Security benefits increased by 2.8% in 2026. If the 3.5% forecast becomes official, beneficiaries would get a larger increase next year.
A 3.5% COLA would add about $35 for every $1,000 in monthly Social Security benefits. For som...
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