Social Security's 2027 COLA is now projected at 3.5% - ConsumerAffairs

2027 Social Security Benefit Adjustment Preview

Social Security's cost-of-living adjustment for 2027 is now projected 3.5% to 3.6%. This range derives from various outside projections as of September 14, 2026. The New York Times has published a projection of 3.6%. The Senior Citizens League forecasts a 3.5% increase. ConsumerAffairs additionally estimates 3.5%. All sources indicate aligned projections for the COLA.

The Social Security Administration is set to issue its formal statement in about one month. The exact date is not specified, but it is anticipated soon. Beneficiaries will learn the final COLA percentage for 2027 payments.

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