Money Buying Power Calculator Site

: Buying power (or purchasing power) is the quantity of goods or services that one unit of currency can buy.

PP=A(1+IR100)Ycap P cap P equals the fraction with numerator cap A and denominator open paren 1 plus the fraction with numerator cap I cap R and denominator 100 end-fraction close paren to the cap Y-th power end-fraction = Initial amount of money IRcap I cap R = Annual inflation rate (%) = Number of years money buying power calculator

This section should detail the core formulas used in your calculator. To calculate the future cost of a basket of goods: : Buying power (or purchasing power) is the

: Inflation is the main force that reduces buying power. As general prices rise, each dollar buys fewer items. As general prices rise, each dollar buys fewer items

If using historical data, use the (the standard measure for urban consumer price changes):

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