Economics & Inflation

Cross-Price Elasticity

Inspect association between one product’s quantity and another product’s price.

Your numbers

Sample inputs are illustrative. Changing currency changes labels only.

Your result

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How to use this calculator

  1. Enter initial quantity of product a, final quantity of a, initial price of product b, final price of b.
  2. Choose a display currency, then select Calculate. Results also update after a brief pause while you edit.
  3. Read the result with the assumptions below. Export details or save a second scenario to compare your choices.

Formula and method

Elasticity=midpoint percentage change in A quantity/midpoint percentage change in B price.

Assumptions and limitations

Two observations do not establish substitution or causality; other demand conditions are assumed unchanged.

Worked example

With initial quantity of product a = 100, final quantity of a = 110, initial price of product b = 10, final price of b = 12, midpoint cross-price elasticity is approximately 0.52380952.

What the result means

Inspect association between one product’s quantity and another product’s price.

Common questions

How should I interpret midpoint cross-price elasticity?

Inspect association between one product’s quantity and another product’s price.

What should I check before using this result?

Two observations do not establish substitution or causality; other demand conditions are assumed unchanged.

Methodology and transparency

Calculation specification reviewed on 2026-10-14. Mathematical implementation is tested against independent reference fixtures. This does not imply review by a licensed financial professional. Read the testing and precision policy.