Cost of Living Adjustment
A cost of living adjustment (COLA) is a built-in increase that keeps a payment's value steady as prices rise over time. In a Florida divorce, spouses sometimes include a COLA clause in a settlement agreement so that alimony automatically adjusts with inflation, usually tied to an index like the Consumer Price Index. Florida law does not require a COLA, so whether one applies depends on what the parties agree to or what a judge orders.
Last updated June 21, 2026
Legal Definition
A contractual or court-ordered provision that periodically increases a support obligation by reference to an inflation measure, such as the Consumer Price Index, to preserve the real value of the payment over time.
Example
Their settlement included a cost of living adjustment so her alimony would rise each year with inflation.
Related Statutes
- 61.08
Related Terms
Ready to move forward?
If you and your spouse agree, our $750 flat-fee uncontested divorce is attorney-prepared and attorney-reviewed before filing.