Calculator: Inflation Rate Updated

The inflation rate calculator provided in ProAPOD’s real estate calculator has been updated to include the most current Consumer Price Index (CPI) for 2012 as published by the  Bureau of Labor Statistics (BLS). This means that you can now discover how much a dollar spent as early as 1913 has inflated up to the current year 2012.

For example, if your grandfather spent $15.00 on some consumer goods in 1913, you would discover that you have to spend $344.94 to purchase those same consumer goods in 2012–an inflation rate of 2199.6%.  Like wise, if in 1962 you spent $25.00 to buy your date a bouquet of flowers, your son or daughter would have to spend $188.46 for that same bouquet in 2012–an inflation rate of 653.9%.

Of course this inflation rate calculator provides  just one of dozens of calculations included in our online real estate calculator. If you have not yet purchased this calculator or would like to learn more go to www.proapod.com and click Calculator.