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cost-of-living adjustment

[kawst-uhv-liv-ing, kost-]

noun

  1. COLA.



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Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

And if you are drawing Social Security and you benefit each year from the annual cost-of-living adjustment, that, too, is a mixed blessing.

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The 2026 Part B premium increase will absorb much of the 2.8% cost-of-living adjustment for Social Security recipients.

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The increase in Part B premiums dwarfs the 2.8% cost-of-living adjustment that Social Security recipients will get for 2026.

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Accounting for the higher Part B premiums, the cost-of-living adjustment will add just $38 a month to the average Social Security retirement benefit of $2,008 a month.

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The nearly 10% increase is more than triple the 2.8% increase in the cost-of-living adjustment for Social Security beneficiaries as healthcare expenses surge more than overall inflation.

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cost of livingcost-of-living allowance