Minneapolis Fed Inflation Calculator
Calculate the purchasing power of a dollar amount over time using the Minneapolis Federal Reserve's inflation data. Enter an amount and select start and end years to see the adjusted value.
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How to use this tool?
How to Use the Minneapolis Fed Inflation Calculator
- Enter an amount in dollars (e.g., 100) in the "Amount ($)" field. Use a positive number.
- Select the start year (the year of the original amount) from the dropdown. Years range from 1913 to the current year.
- Select the end year (the year you want to adjust to). The end year must be the same or later than the start year.
- Click "Calculate". The calculator uses annual average CPI data from the Minneapolis Fed.
- View the result: The adjusted value shows what the original amount is worth in the end year’s dollars. The formula and inflation rate are displayed below.
Note: All inputs are in US dollars. The calculator only works for years 1913–2024 (CPI data available). Ensure the start year is not later than the end year.
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Frequently Asked Questions
It calculates the purchasing power of a dollar amount over time using historical CPI data from the Federal Reserve Bank of Minneapolis.
The calculator uses CPI data from 1913 to the current year (2024).
It uses annual average CPI values, so it provides a close estimate but may not reflect intra-year fluctuations.