CPI Rent Calculator

Calculate New Rent From CPI (NR)



Formula

The formula to calculate the New Rent From CPI (NR) is:

\[ NR = PR + PR \times \frac{CPI}{100} \]

Where:

What is the CPI Rent Adjustment?

The CPI Rent Adjustment is a method used to adjust rent based on the Consumer Price Index (CPI). It ensures that the rent keeps pace with inflation by adjusting the rent amount according to the percentage change in the CPI over a specified period, typically one year.

Example Calculation

Let's assume the following values:

Using the formula to calculate the new rent:

\[ NR = 1000 + 1000 \times \frac{3}{100} = 1000 + 30 = 1030 \]

The New Rent From CPI (NR) is $1,030.