Inflation increases the prices you pay for goods and services. High inflation, such as what happened in the late 70's and early 80's in the United States, can dramatically and permanently increase prices. Use this calculator to see how inflation has affected the value of the U.S. dollar, and how prices have changed as a result.
ELGA Credit Union 2305 S. Center Road Burton, MI
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.