cost-of-living adjustment

American  

[kawst-uhv-liv-ing, kost-] / ˈkɔst əvˈlɪv ɪŋ, ˈkɒst- /

noun

1. COLA.

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Example Sentences

Or as Sammie Guajardo, a financial planner with the Facet advisory firm, shared with me, if you’re getting a raise or cost-of-living adjustment in the new year that’s more than 1%, you could still be coming out ahead in your take-home pay.

From MarketWatch

Other options might include an inflation rider, which raises the monthly benefit, akin to a Social Security cost-of-living adjustment.

From MarketWatch

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.

From MarketWatch

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

From Barron's

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

From Barron's