How to use Inflation Calculator
- Enter an amount today.
- Enter the average yearly inflation rate and the number of years.
- Read the future cost and what the money will buy in today's terms.
About this tool
At 3% inflation, something that costs 100 today costs about 134 in ten years, and 100 of savings will only buy what about 74 buys today. This uses a constant yearly rate, while real inflation changes from year to year.
Use your country's recent average inflation or a long-term target such as 2%.
Frequently Asked Questions
- What is purchasing power?
- The amount of goods and services a sum of money can buy. Inflation reduces it over time.
- Does this use official data?
- No. It uses the rate you enter, so use official statistics for your country if you need historical values.
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