Inflation Has Risen to 3.8%. Here's What That Means for Your 2027 Social Security COLA

Rising inflation (April YoY 3.8%, up from 3.3%) — largely driven by higher energy costs — increases the likelihood of an above-average 2027 Social Security COLA. The Senior Citizens League has lifted its COLA projection to 3.9% (from 2.8%), though the official SSA figure won’t be set until Oct. 14, 2026 when September CPI-W is released. A 3.9% COLA would add roughly $81 to the current average monthly benefit of $2,081. The article is informational for retirees and policy watchers: inflation trends over the coming months will determine the final adjustment and thus household income and spending for seniors.