📌 Overview

See what an amount of money today will be worth in the future, or what a past amount is worth now, at any inflation rate.

📈 Inflation Calculator

See what an amount of money today will be worth in the future, or what a past amount is worth now, at any inflation rate.

Direction

Amount

Years

Average annual inflation (%)

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📋 How to Use

Enter the amount of money.
Set the number of years and average inflation rate.
Choose future value or past value.
Click Calculate.

❓ FAQ

What inflation rate should I use?

Long-run averages sit around 2–3% for most developed economies. Check your national statistics bureau for the official CPI figure if you want precision.

Why does my salary feel smaller each year?

If your raise is below the inflation rate, your real purchasing power falls even though the number on your payslip goes up.

❓ More Questions

What inflation rate should I enter?

Most developed economies average 2%-3% long term. For more precision, check the year-over-year CPI published by the statistics bureau.

Why do I feel poorer after a raise?

If your raise is below the inflation rate, your real purchasing power falls. For example, a 3% raise with 5% inflation is a real income drop of about 2%.

💡 Use Cases

🏦

Retirement Plan

See what your savings will really buy.

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Salary Check

Test if a raise beats inflation.

📊

History

Compare prices across decades.

🔗 Related Tools

📖 Deep Dive: Inflation Calculator

How inflation erodes purchasing power

Inflation means the same amount of money buys less over time. The formula: future amount needed = current amount times (1 + inflation rate) to the power of years; conversely, a future amount's purchasing power today = future amount divided by (1 + inflation rate) to the power of years.

A clear example

Assume 3% annual inflation: today's 100000 will require about 180600 in 20 years to buy the same things; conversely, 100000 in 20 years is worth only about 55400 in today's money.

Three takeaways for personal finance

Cash has a cost: deposit rates are long below inflation, so idle cash slowly loses value.

Raises must beat inflation: a 3% nominal raise with 3% inflation means zero real income growth.

Long-term goals need future prices: planning 20-year retirement must use future price levels.

Limitations

Real inflation varies a lot by category (medical and education often rise faster than average, electronics can even fall). This tool uses a single average rate and is for reference only, not investment advice.