July is the first of three months that determine the following years COLA.

The COLA is based on the increase in the average CPI-W for the third quarter of a year over the previous year.

The CPI-W for July 2024 is 308.501.

Based on that the 2025 COLA would be

2.4%

Needless to say, the CPI-W for August and September will determine the final number of- let’s hope it is not higher because that means inflation is increasing.