Cumulative Inflation Calculator

	Inflation Calculator Starting Amount $ Start Month January February March April May June July August September October November December Start Year 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 1978 1977 1976 1975 1974 1973 1972 1971 1970 1969 1968 1967 1966 1965 1964 1963 1962 1961 1960 1959 1958 1957 1956 1955 1954 1953 1952 1951 1950 1949 1948 1947 1946 1945 1944 1943 1942 1941 1940 1939 1938 1937 1936 1935 1934 1933 1932 1931 1930 1929 1928 1927 1926 1925 1924 1923 1922 1921 1920 1919 1918 1917 1916 1915 1914 End Month January February March April May June July August September October November December End Year 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 1978 1977 1976 1975 1974 1973 1972 1971 1970 1969 1968 1967 1966 1965 1964 1963 1962 1961 1960 1959 1958 1957 1956 1955 1954 1953 1952 1951 1950 1949 1948 1947 1946 1945 1944 1943 1942 1941 1940 1939 1938 1937 1936 1935 1934 1933 1932 1931 1930 1929 1928 1927 1926 1925 1924 1923 1922 1921 1920 1919 1918 1917 1916 1915 1914 * Please select a beginning month * Please select a beginning year * Please select an ending month * Please select an ending year * Beginning year must be earlier than ending year

Using the Inflation Calculator you can determine the cumulative inflation (in percent) ranging from 1913- Present. This calculator uses the Consumer Price Index published by the U.S. Bureau of Labor Statistics which is the most closely watched indicator for inflation in the U.S. It can be considered the "government's key inflation barometer". Using the Inflation Rate Calculator will give you the cumulative inflation between any two months.

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. 
Note: To get a full 12 months you must have the same starting month and ending month. In other words a full year is January to January not January to December!

Remember the data is released mid-month for the prior month and is two weeks old by the time it is released by the Bureau of Labor Statistics. 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. CPI Index Release Dates

Once you hit the "Calculate Inflation" Button the result will appear in an empty box in the bottom of the inflation calculator.

Note: This U.S. Inflation Rate 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

To compare the cost of living in two cities use this Cost of Living calculator.

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 Inflation Rate Calculator will tell you that inflation was 639.56%. 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.  

So we find that something that cost $1 in December 1957 would cost $1+ ($1 x 6.3956)=$7.40

Rather than doing the calculations yourself, if you already know the inflation rate but you want to know how much something would cost after increasing by that amount of inflation simply plug the starting amount (without commas or decimals) into this calculator. Then put in the inflation rate you want calculated and click calculate.

If you don't care about a specific monthly number you can calculate the difference in costs based on annual averages using the Bureau of Labor Statistics Inflation Calculator.

Note: The results from these two calculations will differ slightly because one is based on an exact month (January) and the other is based on the average annual index (which should be close to the results if you used June or July as your month of choice).

Is your salary keeping up with inflation? What you need next year just to keep up.  Use our Salary Inflation Calculator

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