Cola Increase 2024 Projections. How much is the increase: This is the same as last month's prediction.

 — most americans cheer cooling inflation, but social security recipients worry cola for 2024 could end up less than a third of 2023’s 8.7% increase.  — the may 2024 projections estimated an increase in 2025 to $174,900 on the low end and $175,500 on the high end.