Social Security 2024 Cost Of Living Increase In India. Like all cola increases, this increase. With the increase, the average benefit check will increase $49, rising to $1,907 from this year's $1,858, the agency said.

Here’s how much retirement benefits could increase next year. The august 2024 consumer price index report shows a 2.5% increase in average prices over the last 12 months, down from 2.9% in july.