According to a recent report, Social Security recipients might see a significant cost-of-living adjustment (COLA) in 2026 due to projected increases in inflation. While exact figures are impossible to predict so far in advance, experts are suggesting that the COLA could be considerably larger than recent years, potentially even exceeding 3%.
The COLA is calculated annually based on the Consumer Price Index for Wage Earners and Clerical Workers (CPI-W) from July, August, and September. The report highlights that economic forecasts project higher inflation in the coming years due to various factors, including potential wage increases and ongoing supply chain issues.
The Senior Citizens League estimates the 2026 COLA could be around 3.0%. However, the final amount will depend heavily on the actual inflation rates experienced during the key months of the calculation period in 2025. A higher COLA would help Social Security beneficiaries keep pace with rising living expenses, particularly for necessities like food, housing, and healthcare.
find the original article here: https://finance.yahoo.com/news/social-securitys-2026-cost-living-074400843.html
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