Example : If Current CPI is 317.7 and Base CPI was 258.0, your ratio is
: Multiply your Base Year salary by that ratio. Result : If you made in the base year, you would need to make ) today just to have the same purchasing power . Digital Tools & Templates
: You can download calculator templates for Microsoft Excel to track your own wage growth and local cost-of-living changes.
To find your wage's value in "constant dollars" (buying power), use this calculation:
: Divide the Current Year CPI by the Base Year CPI.
Example : If Current CPI is 317.7 and Base CPI was 258.0, your ratio is
: Multiply your Base Year salary by that ratio. Result : If you made in the base year, you would need to make ) today just to have the same purchasing power . Digital Tools & Templates
: You can download calculator templates for Microsoft Excel to track your own wage growth and local cost-of-living changes.
To find your wage's value in "constant dollars" (buying power), use this calculation:
: Divide the Current Year CPI by the Base Year CPI.