Gas Prices and the Iran Conflict Impact 2027 Social Security Raise
Rising gas prices and the ongoing Iran conflict are influencing the 2027 Social Security cost-of-living adjustment (COLA). The average U.S. gas price reached $4.30 in April 2026, up $1.12 from April 2025, contributing to higher inflation as measured by the Consumer Price Index (CPI-W), which determines the annual COLA.
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Topics: COLA CPI-W economic impact gas prices inflation Social Security