✦ Economics & Economic Indicators

Cross-Price Elasticity Calculator

Calculate how demand for one product changes when the price of another product changes.

Economics referenceFree calculatorGlobal reference

Calculator

Enter the values below. Each quantity identifies its unit or meaning.

quantity units
quantity units
price units
price units

Result

Calculated from your inputs.

Cross-price elasticity = midpoint % change in quantity demanded of X ÷ midpoint % change in price of Y.
—
Reference calculation only. Check the assumptions and definitions appropriate to your analysis.

How to use this calculator

What to enter

Enter or select the following as requested: Initial quantity of product X; Final quantity of product X; Initial price of product Y; Final price of product Y. Follow the units, valid ranges, examples, and options displayed beside each field.

What the result means

The economic indicator or model result is calculated from the prices, quantities, income, output, employment, or index values entered. Check the time period, nominal versus inflation-adjusted values, base year, units, data source, and the assumptions used in the economic model.

When to use it

Use this to study economic relationships or compare scenarios. Interpret results in context and use consistent, current data; simplified models do not capture every market or policy factor.