[1stPickSites] (10/31/05) Consumer Price Index Calculator

Consumer Price Index Calculator --  What Is a Dollar Worth?

http://woodrow.mpls.frb.fed.us/Research/data/us/calc/index.cfm

Today's web page, from the Federal Reserve Bank of Minneapolis,
offers a handy tool to determine the cost of goods over time. Of
particular interest to readers in the U.S, the calculator uses
the Consumer Price Index to find out how prices have changed over
the years.

"What would an item or service purchased in 2004 be worth in 19??
dollars? ... What would an item or service purchased in 19?? be
worth in 2005 dollars?" - from the website

The calculator can be used for any year, from 1913 onwards. The
results show how much the goods and services purchased in year
"X" would cost in year "Y". In addition, using the included
Consumer Price Index and Inflation Rates table with the handy
formula provided, the cost of a service or product can be
determined relative to the increase in the price of other goods
and services over the years.

March over to the web page for this handy reference for tracking
the cost of essentials over more than 90 years.

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