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Inflation and Consumer Prices Calculator

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Inflation increases the prices you pay for goods and services. High inflation, such as what happened in the late 70's and early 80's in the United States, can dramatically and permanently increase prices. Use this calculator to see how inflation has affected the value of the U.S. dollar, and how prices have changed as a result.

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For more information about these financial calculators please visit: Dinkytown.net Financial Calculators from KJE Computer Solutions, Inc.

By changing any value in the following form fields, calculated values are immediately provided for displayed output values. Click the view report button to see all of your results.

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Inflation and Consumer Prices Calculator

*indicates required.

Inflation inputs:

Starting year:*This entry is required.

Ending year:*This entry is required.

Price:*This entry is required.Enter an amount between $0.00 and $1,000,000,000,000.00

Price:

Total inflation:

**FIG_GRAPHTITLE** Column Graph: Please use the calculator's report to see detailed calculation results in tabular form.

Inflation Adjusted Prices

**FIG_GRAPHTITLE** Line Graph: Please use the calculator's report to see detailed calculation results in tabular form.

Price changes from KJE1 to KJE2 with Inflation

Inflation and Consumer Prices Calculator Definitions

Starting year

The initial year to start your price adjustments for inflation.

Ending year

The final year to price adjust for inflation. The final value is always calculated for the end of the year you select.

Price

The hypothetical price of a good or service in the start year. This amount is adjusted annually for the Consumer Price Index (CPI) as reported by the U.S. Bureau of Labor Statistics.

Total inflation

The total cumulative impact of inflation for the time-frame you have selected. To calculate total inflation, the tool uses the Consumer Price Index (CPI) as reported by the U.S. Bureau of Labor Statistics.

The underlying data supplies an annual CPI rate and a base amount which represents the relative purchasing power for that year. For example, in 1980 the base amount was 82.4 compared to 224.9 in 2011. In this example, $224.90 in 2011 would have the same purchasing power as $82.40 in 1980. The calculations use the base amounts to calculate the difference between any two years. There are small data discrepancies and loss of precision through rounding in the underlying data supplied by the Federal Reserve. These discrepancies can cause differences between the annual change in base amounts and the stated CPI rate for any given year.