Inflation Calculator
You can use the Inflation Rate Calculator
below to calculate the TOTAL rate of price inflation
between two dates from
1914- Present. This is the cumulative inflation between
two points in time.
Please read the following instructions carefully.
It does make a difference in understanding how the Inflation
calculator works and ensuring that you get the right answer.
To start select the starting month and year and
the ending month and year and then click the "Calculate
Inflation Rate" button to see your inflation calculation.
Remember the data is a month old by the time
it is released by the Bureau of Labor Statistics.
CPI Index Release Dates
So depending on what time of month it is, you can
only get data up through last month or even the previous
month. (Early in the month you will have to go two months
prior, late in the month it will be the previous month.
Once you hit the Calculate Button the result will appear
in an empty box in the inflation calculator.
To compare the cost of living in two
cities use
this Cost of Living calculator
For calculations from 1800-2002 you might
try this
calculator
Once you have calculated the inflation rate
you might want to know how much something would cost after
increasing by that amount of inflation. To calculate that
simply plug the inflation rate and the starting amount into
this How
much would it cost calculator
Is your salary keeping up with inflation?
What you need next year just to keep up. Use our
Salary
Inflation Calculator
Note: This Inflation Calculator gives you the percentage
of increase in prices over a period. For example from January
2005 - January 2006 prices increased 3.99% therefore something
that cost $1 in January 2005 would cost $1 + (inflation
rate) in January 2006. So in this case it would be
$1+($1 x .0399)= $1.0399 or $1.04
Although this seems obvious for one year when the inflation
rate gets larger (above 100%) it is not so intuitive.
From December 1957 through December
2007 the Calculator will tell you that inflation was 639.56%.
If we plug the calculator results into
the above formula we find that something that cost $1 in
December 1957 would cost $1+ ($1 x 6.3956)=$7.40
Remember the result is in percent.
To calculate its decimal equivalent
you need to move the decimal point two places to the left.
So 639.56% = 6.3956 in decimals.
Inflation Calculator
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