Social Security 2024 Cola Estimate Calculator. A 3.2% cola for 2024 would increase an average monthly retiree benefit of $1,790 by $57.30, the tscl said. Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024.

Good news and bad news for retirees. The ssa will calculate the percent change between average prices in the.