Current Cost Of Living Increase 2024. The latest social security cola estimate for 2025 rose to 2.63%, according to the senior citizens league. The exemption amounts in 2024 will be $85,700 for singles and $133,300 for joint filers, increasing by $4,400 and $6,800, respectively, over 2023 amounts.
In the year to january 2024 the annual cpih inflation rate was 4.2%, unchanged from the previous two months. That will add about $57 to the average current monthly social.
Current Cost Of Living Increase 2024 Images References :