Business Insider·3 min read·medium

Social Security recipients will get a 3.6% cost-of-living increase in 2027

Social Security recipients will get a 3.6% cost-of-living increase in 2027
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Social Security beneficiaries will receive a 3.6% cost-of-living adjustment in 2027, resulting in an average monthly increase of $75. This adjustment is based on inflation data from the third quarter of the year.

Why it matters

This increase directly impacts the financial stability of millions of retirees who rely on Social Security as their primary source of income.

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Social Security beneficiaries will see their monthly checks increase in 2027. Abdullah Durmaz/Getty Images Social Security benefits will increase by 3.6% in 2027, following the latest inflation adjustments. The SSA's annual cost-of-living raise means the average monthly check will be $75 larger. Over half of retirees rely on Social Security as their primary income, according to an AARP survey. Older Americans just learned how much to expect in monthly Social Security checks next year. The Social Security Administration announced its latest cost-of-living adjustment on the heels of Wednesday's September inflation report. SSA beneficiaries , who are mostly 65 and older, are now set to receive a 3.6% raise in their benefits in 2027. That's higher than the 2026 increase of 2.8% and will amount to a $900 annual boost for recipients, according to AARP calculations — an average monthly check increase of $75.

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