Social Security COLA For 2027 Revealed: Here's How Much More NJ Seniors Will Get

Social Security benefits will rise 3.6 percent in 2027, adding about $75 a month and pushing the average monthly payment from $2,095 to $2,170. More than 1.78 million New Jersey residents collect Social Security, though some recipients warn the bump won’t keep pace with climbing costs for groceries, gas, housing, and especially Medicare premiums.