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Recent Social Security cost-of-living adjustments

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  • 2008: 2.3% (avg. senior with benefit of $1,079 will see increase of $24 per month)
  • 2007: 3.3% (avg. senior with benefit of $1,011 saw increase of $33 per month)
  • 2006: 4.1% (avg. senior with benefit of $963 saw increase of $39 per month)
  • 2005: 2.7% (avg. senior with benefit of $930 saw increase of $25 per month)
  • 2004: 2.1% (avg. senior with benefit of $903 saw increase of $19 per month)