After the first quarter of 2022, the second quarter for the 2023 COLA adjustment period, the quarterly average has increased by 4.1%. 

 

HOW IT WORKS 

 

The 2023 Social Security COLA is based on the third quarter (July, August, September) average CPI-W index (1982-84=100) in 2022 over the 2021 third quarter average. 

 

PAST SOCIAL SECURITY COLA INCREASES 

 

Year  Social Security COLA 

2022 

5.9% 

2021 

1.3% 

2020 

1.6% 

2019 

2.80% 

2018 

2.00% 

2017 

0.30% 

2016 

0.00% 

2015 

1.70% 

2014 

1.50% 

2013 

1.70% 

2012 

3.60% 

2011 

0.00% 

2010 

0.00% 

2009 

5.80% 

2008 

2.30% 

2007 

3.30% 

2006 

4.10% 

2005 

2.70% 

2004 

2.10% 

2003 

1.40% 

2002 

2.60% 

2001 

3.50% 

2000 

2.40% 

1999 

1.30% 

1998 

2.10% 

1997 

2.90% 

1996 

2.60% 

1995 

2.80%