Cost Of Living Increase 2024 Ssi. Social security benefits and supplemental security income (ssi) payments for more than 72.5 million americans will increase by 2.5% in 2025. Social security checks with the new cost of living adjustment for 2024 have started going out.

How much is the increase: For 2024, social security benefits and supplemental security income (ssi) payments will increase by 3.2%.