Each month we post inflation data (CPI) from the U.S. Bureau of Labor Statistics. Recently we came across an interesting site that allows you to calculate inflation for any year as well as comparing the value of a dollar with various years. Interestingly, Inflation has averaged 0.93% per year since 1635, causing an overall price difference of 3,583.02%. There is a lot of interesting data in this site.
Click here to read more at the CPI Inflation Calculator.
(hat tip to Joe)
