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Could You Live on the Average 2022 Social Security Benefit?

Could You Live on the Average 2022 Social Security Benefit?

In 2022, the average Social Security benefit will be a bit higher than in 2021. In 2022, the average Social Security benefit is going up to $1,657. The big benefit increase is a result of the fact that inflation is high, and seniors get periodic cost of living adjustments when prices are going up.