On October 24, 2025, the Social Security Administration announced a 2.8% cost-of-living adjustment (COLA) for 2026. This adjustment will affect nearly 75 million Americans, including those receiving Social Security retirement, survivors, and disability insurance (OASDI) benefits, as well as Supplemental Security Income (SSI) payments. The increase will be effective starting in January 2026, with the average retirement benefit rising by about $56 per month. This adjustment is a response to the ongoing inflationary pressures and senior living providers will respond in a myriad of ways, including adjusting the room & board portion of Medicaid assisted living waiver, and updating income determinations used for HUD housing.