Cola Calculator

Formatting only. This does not change the calculation.
Per hour, per week, per month or per year - the answer comes back in the same period.
Cost-of-living mode: e.g. the CPI-W third-quarter average of the base year.
Cost-of-living mode: e.g. the CPI-W third-quarter average of the measuring year.
New pay
2,064.00
Pay Raise Calculator
Raise amount
64.00
Increase applied
3.2000 %
New pay as a multiple of current pay
1.032000
Index change
3.198002 %
Worked out from U.S. Bureau of Labor Statistics, "Using the Consumer Price Index for escalation" - an amount is escalated by the ratio of the index in the two periods and 2 other sources.

How this is worked out

4 steps
  1. Index change = (301.236 - 291.901) / 291.901 x 100 = 3.198002%
  2. Adjustment applied = 3.2%
  3. Raise = 64
  4. New pay = 2000 + 64 = 2064

Results are general information, not financial, tax, legal, medical or engineering advice.