Every year, the Social Security Administration updates its benefit amounts based on the cost-of-living adjustment (COLA).
In 2025, some states will see higher Social Security increases than others.Every year, the Social Security Administration updates its benefit amounts based on the cost-of-living adjustment .The COLA takes into account inflation on a wide range of items and is meant to help seniors maintain their purchasing power even as prices on goods and services increase. Next year's COLA is set to be announced in October.
The analysis found these states had the highest median monthly Social Security checks: New Jersey: $2,100 Connecticut: $2,084 Delaware: $2,064 New Hampshire: $2,039 Maryland: $2,008 Michigan: $2,005 Washington: $1,992 Minnesota: $1,982 Indiana: $1,952 Massachusetts: $1,946 'The reason for some states seeing higher Social Security increases is more simple than some may think,' Alex Beene, financial literacy instructor for the University of Tennessee at Martin, told Newsweek.
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