The Press · Just the Facts

ClickOnDetroit · October 14, 2026

Social Security Administration Projects a 3.6% Cost-of-Living Adjustment Beginning in 2027, an Average of $75 Per Month

  • The Social Security Administration projected on Wednesday that the annual cost-of-living adjustment will rise by 3.6% beginning in 2027, an average of $75 extra per month, according to the Associated Press report.
  • The annual salary cap subject to payroll taxes is set to increase to $192,300 in 2027, from $184,500 in 2026, according to the report.
  • Commissioner Frank Bisignano said in a statement that the adjustment will provide recipients with greater financial stability, according to the report; Nancy Altman, president of the Social Security Works advocacy group, said the adjustment is not keeping up with prices, according to the report.
Removed: None beyond the figures and statements reported.

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