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Consumer price index calculator...

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posted on Nov, 14 2006 @ 11:36 AM
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I think this can also be used as a salary calculator.

See how much you or your parents earned in 2000, 1990, 1980, 1970, 1960 etc... And see how much that is worth today. You can also see if with your raises if you're actually making more or less than you used to make.

www.minneapolisfed.org...

For example... Lets say you were making $20000 a year in 1990, it would be worth $30864.58 today. For those who were already working at that time, it's a good measure to see if they have actually gotten real raises since that time.

P.s: Not that it's limited from 1913-2006...


[edit on 14-11-2006 by TheBandit795]




posted on Nov, 14 2006 @ 12:05 PM
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Lets say you were making $20000 a year in 1990, it would be worth $30864.58 today

Thats fascinating to see it like that. Thats a whole nother tax bracket no?

I don't know if this argues for more control on inflation, which of course an individual can't do, or more need to save your money, which of course you can.



posted on Nov, 14 2006 @ 12:07 PM
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Another website with a salary + inflation rate calculator.


salary calculator

inflation rate calculator

The inflation rate from 1990 to 2006 = 55.65%!!



posted on Nov, 14 2006 @ 12:09 PM
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If you save your money you have to make sure that the interest rate is over the inflation rate. Or else you're going to end up with much less money than you began with.



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