CUPE logo links to home page

Inflation Calculator

This tool can be used to measure inflation and see if your wages are keeping up with changing prices.

The calculator uses the all-items Consumer Price Index (CPI) as a measure of inflation for different locations in Canada. The CPI is the most widely used measure of inflation in Canada, but it is not a perfect measure and many people will face quite different changes in their cost of living.

To use the calculator, first select your location, enter the years that you want to compare, and enter your initial wage or dollar amount. The results are automatically calculated below.

For instance, a wage of $5.00 in 1975 was equivalent to $18.45 in 2005 dollars using the Canadian CPI.

Location:
Initial year:
Final year:
Wage or amount for initial year:

The CPI is based on price changes for a representative "basket" of consumer goods from 2001. Annual averages are used. More recent and detailed monthly CPI data can be obtained from Statistics Canada's Consumer Price Index. Source: Statistics Canada, Consumer Price Index, Cansim Table 326-0001.