2024 Cost Of Living Increase Percentage.  — starting in january, the estimated average monthly retirement benefit will increase by 3.2%, or $59 a month, for 2024 — from $1,848 to $1,907. 128 rows  —  — the annual inflation rate for the united states was 2.9% for the 12 months ending july, compared to the previous rate increase of 3%, according to u.s.

Here’s how much more you’ll get in 2024.  — social security benefits have been increased by 3.2% for 2024, meaning social security recipients and those on supplemental security income (ssi) will see a.