See how rising prices reduce what your money can buy. Enter an amount, an average yearly inflation rate and a number of years.
How the inflation calculator works
Future cost = amount × (1 + inflation rate)^years. Purchasing power = amount ÷ (1 + inflation rate)^years. The total price increase is the growth factor minus 1, shown as a percentage.
Example
At 3% inflation, something that costs $100 today costs $134.39 in 10 years. Equally, $100 held in cash then buys only what $74.41 buys today, a 34.39% total price rise.
Frequently asked questions
What is inflation?
Inflation is the general rise in prices over time, which reduces the purchasing power of money.
What inflation rate should I use?
Use the average rate for your country and period, or a range of rates such as 2%, 3% and 5% to see different outcomes.
Does this use real historical data?
No. It applies the rate you enter every year. It is a projection, not a record of actual price changes.
Please note: results are estimates for general information only and are not financial advice. Read our full disclaimer.