I just published my first mobile app! It’s called Inflation Adjuster and it works on Android devices. Inflation Adjuster is a quick and easy to use tool that calculates the dollar price equivalent between two years.
Inflation Adjuster calculates what the buying power of a dollar amount in a certain year is worth in another year. This inflation calculator uses the average annual Consumer Price Index (CPI-U) produced by the U.S. Bureau of Labor Statistics.
The CPI represents changes in prices of all goods and services purchased for consumption by urban households. This index value has been calculated every year since 1913. For the current year, the latest monthly index value is used. This past Wednesday the Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in May on a seasonally adjusted basis and over the last 12 months, the all items index increased 3.6 percent before seasonal adjustment.
In addition to estimating the buying power of a certain dollar amount, the Inflation Adjuster also reports on the total percent nominal price change and the annualized rate of inflation for the selected time period.
Start discovering the REAL value of prices with this simple handy Inflation Adjuster tool today! Please download this free app to your Android phones and provide some feedback. Be sure to provide the name of the device you used to try my App out on when providing feedback. I’m also planning to make additional apps for Android in the future, so I’m open to any suggestions for my next project.