Social Security Cost Of Living Increase 2025 By State. Almost 70 million americans will receive a total of $1.5 trillion in benefits from social security this year. Several factors can affect the amount of money you get in your monthly check, but the 2.5% increase will go to the 72.5 million americans receiving social security and.

In 2025, retirement benefits will increase by about $50 per month, on average, according to the social security administration. While colorado has a state income tax of 4.4%, only some social security recipients pay taxes on their benefits.