The US annual inflation rate over 2016 climbed at the fastest pace in five years according to government data released Wednesday, January 18. iCalculator, therefore, has updated its Inflation Rate calculator to reflect this most current data. So you can now compute inflation rates from 1913 through December 2016. For example, you can now determine how much you would have to spend in December 2016 to equal the same buying power for goods and services you spent may have spent (say) $20.00 for similar goods and services in 1913. (Answer: $484.86).
iCalculator’s Inflation Rate calculator does not limit you to either the years or the amount you want to compute, however. You can select any starting year and any ending year (e.g., 1913, 1962, 1995, 2011, and so on). And you can enter any amount (e.g., $1.00, $20, $950, $2,500 and so forth).
So You Know
If you are a current user of iCalculator, the Inflation Rate calculator will automatically reflect this latest update the next time you calculate. Learn more about iCalculator…