Social Security retirement income in 2026 may look higher on paper but feel tighter in reality. Average monthly benefits hover near $2,013 after adjustments. Inflation lingers above 2.5% in key metrics. Everyday costs for groceries, housing, and healthcare climb faster than that COLA. The Bureau of Labor Statistics pegs senior housing inflation at 4.2% year-over-year. Retirees on fixed incomes feel the squeeze first. Medicare Part B premiums jump to $185.00 monthly in 2026, up $10.30 from 2025. That's $222 annually deducted straight from your Social Security check. Net gain? Nearly wiped out.