Finally, the calculator sums up results of each category and provides you with your personal inflation rate. The CPI data used throughout is from July 2024. With files from Matt Lundy ...

Every month, the U.S. Bureau of Labor Statistics publishes a new CPI figure, which can be used to calculate the real value of a dollar at a point in time. The index works as a multiple of the ...

For example, in December 2022, the COLA was 8.7% due to the high levels of inflation as a result of the COVID-19 pandemic, and the increased amounts were paid starting in January 2023.