Estimated Cost Of Living For 2024. Social security benefits and supplemental security income (ssi) payments for more than 71 million americans will increase by 3.2% in 2024. In general, the social security.

That’s why our cost of living calculator takes local food prices into account. The social security cola could be 2.7% in 2024 based on the latest consumer price index data, according to the senior citizens league, a nonpartisan.