Social Security Increase for 2025 Projected at 2.63 Percent, Lowest Hike in 3 Years

Grocery costs have risen at a faster pace than cost-of-living adjustments, with some staples rising by more than a third between 2020 and 2023.

A Social Security Administration site in Garden Grove, Calif., on Feb. 19, 2021. John Fredricks/The Epoch Times

The cost-of-living adjustments (COLA) for Social Security recipients next year won’t exceed 3 percent and could place more stress on beneficiaries struggling with high food costs, according to The Senior Citizens League (TSCL).

“The 2025 COLA prediction is about 2.63 percent, up from 2.57 percent last month,” Alex Moore, TSCL social security and Medicare statistician, said in a July 11 press release.