How do I calculate CPI rent increases?

Answer

To calculate CPI rent increases, it is necessary to know what the CPI was exactly one year ago. The CPI is the Consumer Price Index, determined to be what the value of a basket of goods costs at any given time. Often rent increases can be made annually at the same percentage that the CPI has increased. So, if the CPI estimates that a basket of goods cost $60 last year, and now costs $66, the increase is $6, which is 1.1%. If the monthly rent was $400 last year, it can be raised 1.1% to $440.
Q&A Related to "How do I calculate CPI rent increases?"
1. Decide on the base period you wish to use to calculate a rent increase by CPI. You could use the previous calendar year, for instance, or the previous 12 months. The U.S. Bureau
http://www.ehow.com/how_6241183_calculate-rent-inc...
divide the current rent by the old rent, assuming that the current rent has increased that will give you the amount it has increased by. or multiply the current rent by the required
http://answers.yahoo.com/question/index?qid=200801...
No one likes rent increases. As a tenant it's easier to resign yourself to rent rise if you know the increase is based on something tangible such as the Consumer Price Index (CPI)
http://www.ehow.co.uk/how_6241183_calculate-rent-i...
Is this it? Please Login or Register to view this content. However, I get silgthly different value than you did Wich one is correct Formula is: =D3*POWER(1+E3;C3-B3) Where D is money
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1 Additional Answer
Ask.com Answer for: Calculate CPI Rent Increases
How To Calculate a Rent Increase by CPI
No one likes rent increases. As a tenant it’s easier to resign yourself to writing a bigger check if you know the increase is based on something tangible such as the Consumer Price Index (CPI), which measures overall inflation. The landlord can... More »
Difficulty: Moderately Easy
Source: www.ehow.com
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