TSCL Projects 3.8% COLA for 2027

Why it matters locally: A 3.8% cost-of-living adjustment (COLA) for 2027 would directly impact over 6.7 million Social Security beneficiaries across California, affecting their purchasing power and economic stability amidst the state's higher cost of living.

Washington—The Senior Citizens League (TSCL) estimates the 2027 cost-of-living adjustment (COLA) will reach 3.8%. This projection places the potential 2027 COLA 1.0 percentage point higher than the COLA implemented this year. TSCL updates its forecast monthly. The organization has consistently maintained its 3.8% estimate for the 2027 COLA during these updates. If implemented, a 3.8% COLA would rank as the 17th highest among all COLAs since their inception.