Social Security 2024 Cola Estimate Calculator. Use the following calculation to compare the financial difference between two social security retirement benefit application ages. The cola was 3.2% in 2024.

With two months of data still pending, current estimates suggest a 2.57% cola increase for 2025, which would add about $50 per month to benefits, according to the detroit. Here’s what your estimated cola would be in 2024 if ‘better’ method was used to calculate increase.