This user-friendly calculator will help you compare the effect of inflation in Quebec between 2 different years. To use the calculator, enter a dollar amount near the “originally costing” field, then select the years you’d like to compare. For instance, if you want to know the purchasing power of $50 in 2014 versus $50 in 1980, you can type 50 in the “originally costing” field, then 1980 as the first year, and 2014 as the second one.
How does this calculator work?
This calculator uses the latest Quebec Consumer Price Index (CPI) from Statistics Canada to generate the inflation rate. Statcan releases a new CPI for Quebec and all other provinces on a monthly basis, and has historical rates for Quebec going all the way down to 1979 (1914 for Canada). Our calculator’s engine extracts the data for Quebec as soon as it is published by the government, so you can be guaranteed that the numbers here are up to date.
What is the Consumer Price Index (CPI)?
The Consumer Price Index measures the increase of the cost of basic products and services that Quebecers consume on a daily basis, such as: food, shelter, clothing, healthcare, transportation, alcoholic beverages and tobacco products. A CPI increase means the inflation goes up. The CPI is calculated monthly and is published by Statistics Canada on their website as soon as it comes out. Major cities in Quebec like Montréal and Quebec City also have their own CPIs, and we are in the process of developing calculators for those cities as well.
Notice a mistake or bug with the calculator?
We do our best to ensure our results are accurate and match the CPI data provided by Statistics Canada. However, like with every script, errors and/or bugs do occasionally pop up, especially during the update process. If you think you are getting the wrong numbers for Quebec or any other province, or you are getting an error message during the calculation, please contact our administrator and it will get resolved in a flash.
