Calculate if life is getting cheaper for you

shaneosullivan

I blogged a while ago about a handy free tool that lets you calculate what the Irish inflation rate is for you personally - the post is here - http://shaneosullivan.wordpress.com/2008/09/29/dojo-based-inflation-calculator/

While it's nice to see the national average inflation rate dropping like a rock, some people won't notice any change (e.g. people in their 20s living at home), and some will see huge savings (e.g. people with mortgages).

This tool lets you enter how much you spend on a series of items, and compares your personal inflation rate with the national average using the figures published every month by the Central Statistics Office.

You can check it out at http://www.kbc.ie/colcalc/calc/

The picture shows an example chart, comparing a person in their 20's living at home with the national average inflation rate.

Ste.phen

That's kinda cool, i was suprised at how many of the assumed numbers were accurate

shaneosullivan

Ste.phen wrote: »

That's kinda cool, i was suprised at how many of the assumed numbers were accurate

All the assumed numbers come from CSO data too, so I'd like to say it was me who figured them out, but it wasn't :-)