Inflation: Measures how much prices increase over time, reducing the purchasing power of money.
How the Inflation Calculator Works
Enter a current price, annual inflation rate and number of years. The tool estimates a future price using compound inflation: Future Price = Current Price × (1 + inflation rate)years.
Purchasing Power
The calculator also estimates the future purchasing-power percentage represented by today's amount under the selected inflation assumption. This illustrates how sustained price increases can affect the value of money over time.
Important Information
The calculation assumes a constant annual inflation rate. Actual inflation can vary substantially between years and across goods, services and locations.