Cola For 2025. Once you know how much you'll get from social security (and possibly ssi) in 2025, you can begin to plan your budget for next year. Medicare costs are going up as well, and some of these come right.
The 2025 cola is lower than 2024’s 3.2%, and much lower than 2023’s 8.70% increase. A cola increase of 2.5% will raise the average monthly benefit by about $48 a month.