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How to Use the Inflation Calculator

See how inflation erodes purchasing power over time.

  1. Enter an amount.
  2. Enter the average annual inflation rate.
  3. Enter the number of years.
  4. See the future cost and the real value of today's money.

Inflation Formula

Future Cost

Future = Present ├Ч (1 + i)тБ┐

i is the annual inflation rate, n is years.

Example:

Input: $1,000 at 3% for 10 years

Calculation: 1,000 ├Ч 1.03┬╣тБ░

Result: тЙИ $1,343.92

Real-World Use Cases

Retirement Planning

Estimate how much income you'll need decades from now.

Salary Negotiation

Check whether a raise beats inflation.

Tips

Tips

  • Investments need to beat inflation to grow real wealth.
  • Use a long-run average rate, not a single volatile year.
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