Enter the overall cost increase ($) and the number of years into the Calculator. The calculator will evaluate the Cost Increase Per Year.

## Cost Increase Per Year Formula

CIPY = CI / Y

Variables:

- CIPY is the Cost Increase Per Year ($/year)
- CI is the overall cost increase ($)
- Y is the number of years

To calculate Cost Increase Per Year, divide the total increase by the time period in years.

## How to Calculate Cost Increase Per Year?

The following steps outline how to calculate the Cost Increase Per Year.

- First, determine the overall cost increase ($).
- Next, determine the number of years.
- Next, gather the formula from above = CIPY = CI / Y.
- Finally, calculate the Cost Increase Per Year.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem : **

Use the following variables as an example problem to test your knowledge.

overall cost increase ($) = 4000

number of years = 3