Guides / Grow over time
Inflation and your "real" raise
A 3% raise with 3% inflation leaves you where you were.
When prices rise, the same salary buys less. To see whether you're really getting ahead, compare your raise with inflation.
The quick math
Your raise percentage minus the inflation rate is roughly your real raise. A 4% raise with 3% inflation is about a 1% real raise.
Where to check inflation
The Bureau of Labor Statistics publishes the Consumer Price Index (CPI) every month at bls.gov.
Use it in your case
Inflation alone rarely wins a raise, but market pay data often reflects it. Lead with your results and market range.
General educational information, not legal or career advice. Dime Boost isn't paid by any employer, recruiter, job site or course provider.