Inflation Rate Calculator Updated for October Increase

According to government data released Thursday, November 17, annual inflation in the United States ran at the fastest rate in two years as consumer prices in October climbed the most they have in the previous six months of this year.

iCalculator, therefore, has updated its Inflation Rate calculator to reflect this most current data. That means you can now compute inflation rates from 1913 through October 2016. For example, you can now determine how much you would have to spend in October 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: $488.34).

But so you know: iCalculator’s Inflation Rate calculator does not limit you to either the years or the amount you want to compute. You can select any starting year and any ending year (e.g., 1913, 1956, 1988, 2015, and so on). And you can enter any amount (e.g., $1.00, $20, $780, $1,000,000, or whatever).

So You Know

Users never pay for updates. So 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…

James Kobzeff

James Kobzeff has over thirty years experience as a realtor and investment real estate specialist. He is the developer of ProAPOD real estate investment software and freely shares his real estate investing articles.