Inflation Calculator
How the Calculator Works:

Input Fields:
 Amount ($): Enter the amount of money (e.g., $10.00) you wish to adjust for inflation.
 Base Year: Choose the year in which the initial amount was relevant.
 Reference Year: Choose the year to which you want to adjust the value of the money.

Formula: The formula used to calculate the inflationadjusted amount is:
$\text{Adjusted Value} = V_1 \times \left( \frac{\text{CPI}_2}{\text{CPI}_1} \right)$ $V_1$ is the initial amount.
 $\text{CPI}_1$ is the Consumer Price Index for the base year.
 $\text{CPI}_2$ is the Consumer Price Index for the reference year.
The result gives the equivalent value of $V_1$ in the reference year, taking inflation into account.

CPI Data: The CPI values from 1913 to 2024 are used to calculate the adjustment. These values are based on official CPI data for each year.
Examples:
Example 1:
 Amount: $10.00
 Base Year: 1990
 Reference Year: 2024
Using the CPI values:
 CPI in 1990 = 130.7
 CPI in 2024 = 300.0 (example value)
Calculation:
$\text{Adjusted Value} = 10.00 \times \left( \frac{300.0}{130.7} \right) = 22.95$
Result: $10.00 in 1990 has the same buying power as $22.95 in 2024.
Example 2:
 Amount: $50.00
 Base Year: 1980
 Reference Year: 2022
Using the CPI values:
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 CPI in 1980 = 82.4
 CPI in 2022 = 292.6
Calculation:
$\text{Adjusted Value} = 50.00 \times \left( \frac{292.6}{82.4} \right) = 177.59$
Result: $50.00 in 1980 has the same buying power as $177.59 in 2022.
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