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Inflation Calculator

Calculate the impact of inflation on purchasing power over time. See how much your money will be worth in the future or what past amounts are worth today.

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$
$1,000 today will cost
$1,343.92
in 10 years at 3% annual inflation
Total Inflation
34.39%
Power Lost
25.59%
Difference
+$343.92

๐Ÿ“ˆ Value Over Time

Year 0Year 10

Year-by-Year Breakdown

Y0
$1,000.00
Y1
$1,030.00
Y2
$1,060.90
Y3
$1,092.73
Y4
$1,125.51
Y5
$1,159.27
Y6
$1,194.05
Y7
$1,229.87
Y8
$1,266.77
Y9
$1,304.77
Y10
$1,343.92

๐ŸŒ Historical Average Rates

๐Ÿ’ก Understanding Inflation

Inflation is the rate at which prices for goods and services rise, eroding purchasing power. This calculator uses compound inflation: each year's increase is applied on top of the previous year's prices, not the original price. The "Rule of 72" estimates how many years it takes to double: divide 72 by the inflation rate (e.g., 72/3 = 24 years at 3%).

At 3% inflation, prices double in ~24.0 years
Uses compound inflation formula ยท Historical rates are approximate averages

Frequently Asked Questions

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