By Tim McMahon
Calculate the difference in purchasing power based on price inflation between two years.
The following inflation calculator is provided by the U.S. Bureau of Labor Statistics to calculate the cost differential based on the average Consumer Price index for the year. Inputs are in years only and range from 1914- Present. You also need to input the starting value and the inflation calculator will tell you the inflation adjusted price.
Most inflation calculators on the web only provide calculations like the calculator below based on average annual inflation. We were the first to provide an inflation calculator that worked from a specific month within the year. To calculate the total cumulative inflation between any two months from 1913 to the present use our cumulative inflation calculator.
To compare the cost of living in two cities use this Cost of Living calculator
About Tim McMahon
Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education. Connect with Tim on Google+
