Veterans Cost Of Living Increase 2024. The latest cost of living adjustment (cola) for va disability benefits took effect on december 1, 2023. Which would help ensure life insurance packages for service members and veterans account for increases in cost of living and inflation, passed the senate:.

Around 48 percent of all rural veterans (2.7 million) are enrolled in the u.s. Va disability rates 2024 will increase by 3.2% starting january 2024 as announced by the social security administration.