The U.S. government annually adjusts the maximum payout for Supplemental Nutrition Assistance Program (SNAP) benefits to account for inflation.
The new Cost-Of-Living Adjustments (COLA) become effective each year on October 1 and remain in effect through the following year. The Food and Nutrition Service of the U.S.
SNAP Benefits 2023
Department of Agriculture boosted allocations for 48 states, the District of Columbia, Alaska, Hawaii, Guam, and the U.S Virgin Islands for Fiscal Year 2023. In addition, caps and resource restrictions were increased to account for inflation.
Read more: Food Stamps: January 2023 schedule for SNAP benefits in Georgia
According to the USDA website, the maximum allotments for SNAP for a family of four have increased as follows:
- 48 states and D.C.: $939
- Alaska: $1,172 to $1,819
- Hawaii: $1,794
- Guam: $1,385
- U.S. Virgin Islands: $1,208
In the 48 contiguous states and Washington, D.C., the shelter ceiling values have increased by $27 to a total of $624. The following increases have been made to the maximum shelter deductions in various locales:
- Alaska: $996
- Hawaii: $840
- Guam: $732
- Virgin Islands: $492
The maximum asset limit was increased to $4,250 for households with at least one senior or disabled family member, and to $2,750 for all other households. If your monthly household income changes by more than $125, you are required to disclose the change.
The recipient’s state of residence, the size of the household, and other factors relating to income will all affect the maximum monthly payment. Notably, the amounts vary annually, taking effect on October 1, thus the rise in payments for 2023 is currently in force and will end on September 30.
Read more: SNAP Benefits 2023: Who’s receiving additional $95 payments next year?
