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Inflation Calculator

See what today's money will be worth in the future after inflation.

Inputs

%
%

Saved Scenarios

— select 2+ to compare

Future Cost

$1,480

Future Value of This Amount

$676

Spark says

How it's calculated

Formula

Future Cost=Amount×(1+Rate)YearsFuture\ Cost = Amount \times (1 + Rate)^{Years}
Rate
— Annual inflation rate

What is the Inflation Calculator?

Inflation erodes purchasing power over time. This calculator shows both how much more the same goods will cost in the future, and how much today's money will really be worth then.

How to use it

  1. 1 Enter today's amount.
  2. 2 Enter the expected annual inflation rate.
  3. 3 Enter the number of years.

Worked examples

$1,000 at 4% inflation for 10 years

Costs about $1,480 in 10 years.

Try it

Frequently asked questions

What inflation rate should I use?

Many long-run estimates use 2-4% for developed economies, but check your country's actual historical average for a more realistic figure.