Cost Of Living Increase 2025 Social Security Increase. Social security benefits and supplemental security income (ssi) payments for more than 72.5 million americans will increase by 2.5% in 2025. On average, social security retirement benefits will increase by about $50.
Inflation continued to cool last year, resulting in a 2.5 percent cola for 2025 for people receiving social security payments, down from 3.2 percent in 2024. The current maximum social security benefit is $4,873 per month, and this will increase with the 2025 cola.