Consumer Price Index Calculator Tool

Consumer Price Index (CPI) Calculator

Consumer Price Index (CPI) Calculator

Consumer Price Index (CPI) Calculator

Component Description
Cost of Basket in Current Year The total cost of a fixed basket of goods and services in the current year.
Cost of Basket in Base Year The total cost of the same basket of goods and services in the base year.
Consumer Price Index (CPI) An index measuring the average change in prices over time that consumers pay for a basket of goods and services.
Formula CPI = (Cost of Basket in Current Year / Cost of Basket in Base Year) × 100
Purpose Used to measure inflation and the cost of living over time.

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