How Much Would Your Ann Arbor Home Have Cost in 1982?
Monday, October 22, 2007
The shirking dollar affects all of our wallets and one of the best measures of the average change in our purchasing power is the Consumer Price Index (CPI) that calculates the average price change of goods and services over time.
This neat site provides a little calculator that quickly tells you how prices have changed over the years. Just enter the cost of a product or service in a specific year and
by applying the CPI tatistics, you instantly get the cost today.
There is also more useful information about CPI and CPI calculations at this helpful place.
Click Here for This Cyber Trick; put in $1.00 for the year I wasborn and today that item costs over $7.00.
For once, house prices have bucked the upward trend and Michigan buyers can really get some bargains. For foreclosures deals, search here.
Kathy Toth and Team: Ann Arbor Real Estate Experts Ann Arbor Market Center
Click here to search all listings in Michigan with pictures and tours - FREE!