Ssa Cost Of Living Increase 2024 India. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. The cola increase means your ssdi, ssi, or social security retirement benefits will be 3.2%.

That equates to an average monthly rise of about $55 for all social security. In january 2024, payments rose by 3.2% over 2023, according.