In 2021, the cost-of-living adjustment was 1.3%. If a 2.5% COLA goes into effect in 2025, it would be about average, according to Johnson.

Social Security benefits are given a cost-of-living adjustment each year. The 2025 COLA increase is the smallest since 2021.

Social Security's 2025 cost-of-living adjustment is 2.5%, the smallest rise since 2021 and likely not enough for seniors to keep up with inflation.

The Social Security Administration on Thursday announced that the cost-of-living adjustment (COLA) for 2025 will be 2.5%, the lowest since 2021.

While the good news is that Canada’s inflation rate dropped to 1.7% in July, on a year-over-year basis compared to 1.9% in June, the bad news is that the cost of food and shelter both went up ...

Canada's higher taxes fund public services, including health care, greatly affecting cost-of-living differences. Trending: Miami is expected to take New York's place as the U.S. Financial Capital.