Social Security announces 3.6% cost-of-living increase for 2027 benefits
Photo: NBC NewsHow the sides differ Left sources give an average increase of about $70 and note it is the largest since 2023; alternative sources say $75; right sources give no figures.
The Social Security Administration announced a cost-of-living adjustment for 2027, reported as 3.6% and tied to the latest consumer inflation data released on Wednesday. Outlets say the increase is meant to help beneficiaries keep pace with rising prices, and MarketWatch puts the number affected at about 68 million. The average monthly increase is reported differently: about $70 in one left-leaning report and $75 in CNBC's. Left-leaning coverage also calls it the largest increase since 2023 and cites 3.7% year-over-year September inflation.
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- NBC NewsSocial Security recipients will receive a 3.6% cost-of-living increase in 2027
- NPRInflation sizzled in September — and Social Security benefits will get a boost
Left-leaning outlets stress the size of the increase, calling it the largest since 2023, and link it to September's 3.7% inflation and the average benefit change.
- NewsNationSocial Security announces COLA for 2027
- MarketWatchSocial Security’s COLA will be 3.6% in 2027 as inflation persists
Alternative outlets focus on the 3.6% figure, a $75 average monthly rise and the number of beneficiaries, with MarketWatch noting persistent inflation.
Fox Business gives a brief announcement, linking the adjustment to the newly released consumer inflation data and offering no percentage or dollar figures.