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About

Inflation erodes the purchasing power of currency over time, meaning a fixed amount of money buys fewer goods and services as years pass. This tool uses the Consumer Price Index (CPI-U for USA) to compare the relative value of money between two different years. It answers the question of what a dollar from the past is worth today. Understanding these shifts is critical for salary negotiations, retirement planning, and historical price comparisons. The calculation relies on the basket of goods approach, tracking price changes in food, housing, apparel, and energy. While personal inflation varies based on individual spending habits, this standardized metric provides the baseline for economic adjustments.

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Formulas

The formula for adjusting a monetary value from a base year to a target year uses the ratio of their respective Consumer Price Indices (CPI).

Vtarget = Vbase × CPItargetCPIbase

To calculate the cumulative percentage change, also known as the total inflation rate R:

R = CPItarget CPIbaseCPIbase × 100

Reference Data

YearCPI Index (Avg)$100 Value (Ref 1980)Inflation Rate
195024.1$29.301.3%
197038.8$47.105.7%
198082.4$100.0013.5%
1990130.7$158.605.4%
2000172.2$208.903.4%
2010218.1$264.601.6%
2020258.8$314.001.2%
2023304.7$369.804.1%

Frequently Asked Questions

This calculator uses the CPI-U (Consumer Price Index for All Urban Consumers), which represents the buying habits of about 93% of the total U.S. population. It is the most common metric for adjusting dollar values.
The CPI is a national average across thousands of categories. If your spending is heavy in categories that have inflated faster than average (like healthcare, tuition, or rent in specific cities), your personal inflation rate will be higher than the official index.
No. This tool uses historical data up to the most recent available year. Future inflation is unpredictable, though you can use average historical rates (e.g., 3%) for rough estimations.