If you are a Contract Shop, this utility can assist you in what you charge for your hourly rate so that you can maintain whatever the inflation rate may be. To see if your hourly rate is keeping up with inflation, simply select the last year, enter your hourly rate than select the current year and press the CALCULATE push button. (Note: The new CPI, Consumer Price Index, comes out around the end of February). If the new CPI rate is not in the system, it will default to the previous years CPI and notifiy you.

This calculator can also assist you on the pricing of material, freight and other items. Remember, you must also adhere to the Rules and Regulation of the AAR when pricing such items as material.