2024 Ssi Cola Increase Amount. Here's how much more money you will start getting in january. According to the social security administration, the average monthly benefit in january 2024 was $1,907.

Social security and supplemental security income (ssi) benefits for more than 71 million americans will increase 3.2 percent in 2024. Social security benefits will increase by 3.2 percent beginning with the december 2023 benefits, which are payable in january 2024.