Social Security benefit after the COLA, 2024
This works out one number from the Social Security COLA figures published for 2024. Every amount it uses is below, with the document it was read from. What you enter is your own: this site has no way to check it, and the answer it produces is not a published figure.
Effective 2024-01-01Source: Cost-of-Living Increase and Other Determinations for 2024 (SSA)Verified 2026-09-01
How it is worked out
The amount you enter, increased by the published percentage, and rounded to the nearest cent. The published percentage is the whole of the increase, so nothing else is added to it.
It uses Cost-of-living increase, 3.2%, the only one this year publishes.
Figures in this colour are computed from the amounts above. They are not published figures and no document states them.
Work it out
The live calculator needs JavaScript. The table below covers common amounts and is computed the same way.
Worked out for common amounts
| Your monthly benefit before the increase | Result |
|---|---|
| 1,000 | $1,032 |
| 1,500 | $1,548 |
| 2,000 | $2,064 |
| 3,000 | $3,096 |
How each figure was verified
Each number below was read from a stored copy of the document named beside it, and checked to occur word for word in the quoted sentence. The digest is of that stored text.
Cost-of-Living Increase and Other Determinations for 2024 (SSA)
- Cost-of-living increase
The cost-of-living increase is 3.2 percent for monthly benefits under title II and for monthly payments under title XVI of the Act.
Every 2024 Social Security COLA figure · Social Security COLA in every year · Every calculator on this site