This inflation calculator uses the Consumer Price Index (CPI) to measure the purchasing power of the U.S. dollar over time. It provides money comparisons from the past to present or any time between.
Consumer inflation in the United States rose 6.5% annually through December against 7.1% previously, according to the Labor Department’s CPI report released Jan. 12, 2023. Inflation data also shows consumer prices declined 0.1% in December after rising 0.1% in November.
How to use inflation calculator: You can start with any date from 1913 to 2022. The first date field can also begin in the present, like 2022, and then move backwards — each method is interesting. The inflation calculator starts with default values just to give a quick glimpse into how it works. Simply clear or edit the numbers with your own.