By Kevin Tampone
syracuse.com
(TNS)
The Social Security cost-of-living adjustment for 2027 is expected to be 2.8%, according to a new projection from The Senior Citizens League.
The average benefits check for retired workers would increase by about $56, from $2,024.77 to $2,081.46, according to the league, a group that advocates on issues affecting seniors.
The projection, released Friday, is based on the latest government inflation data.
The 2.8% increase would be identical to the cost-of-living hike that seniors and other Social Security beneficiaries received in 2026.
The government adjusts Social Security benefits annually using inflation data. The changes are meant to help payments keep pace with rising prices.
Groups like The Senior Citizens League argue the benefit hikes often fall short of the actual cost increases seniors are experiencing.
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Prices rose at an annual pace of 3.3% in March, the biggest jump in nearly two years, according to CNN.
Annual inflation in both January and February was 2.2%. The Federal Reserve’s long-term inflation target is 2%.
The war in Iran was the major driver of the larger increase in March, according to CNN. The conflict has sent oil prices soaring.
That’s showing up at the gas pump across the U.S.
The national average for a gallon of regular gas is now about $4.12, according to AAA. That’s up more than 13.6% from a month ago and more than 38% since the start of the war.
Photo credit: MargJohnsonVA/iStock
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©2026 Advance Local Media LLC. Visit syracuse.com. Distributed by Tribune Content Agency LLC.
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