The 2015 CPI was 225 and the 1982 CPI was 96.5.How much would you need in 2015 in order to buy what you were able to buy with the $1000 in 1982?

Name: The 2015 CPI was 225 and the 1982 CPI was 96.5.How much would you need in 2015 in order to buy what you were able to buy with the $1000 in 1982?
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To find out how much you would need in 2015 to buy what $1000 could buy in 1982, use the formula: (CPI in 2015 / CPI in 1982) * 1982 amount. This gives (225 / 96.5) * 1000 = $2331.61.

The 2015 CPI Was 225 and the 1982 CPI Was