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Inflation calculator

What things will cost in the future and what your money will be worth.

  • Free
  • No sign-up
  • Works on any device

About Inflation calculator

Shows what things could cost in the future and what your money will be worth at an assumed inflation rate. At 3 percent a year, prices roughly double in 24 years, so cash left idle loses purchasing power. Useful for retirement planning and judging whether a raise really helped.

How to use Inflation calculator

  1. Enter an amount of money.
  2. Set the inflation rate and the number of years.
  3. Read what it will cost in future and what your money will be worth.

Why use this tool?

Also known as

Frequently asked questions

How do I calculate future price with inflation?

Multiply today's price by (1 + rate) raised to the number of years. At 3 percent, 100 today costs about 134 in ten years.

What inflation rate should I use?

Pick a rate close to recent long-run figures for your country, and test a couple of values. Future inflation is uncertain, so treat results as estimates.

What is purchasing power?

It is how much you can buy with a sum of money. When prices rise, the same amount buys less, so its purchasing power falls.

Is Inflation calculator free?

Yes. Inflation calculator on Toolipedia is free to use, with no sign-up and no watermark.

Is it safe to use?

Yes. Everything is worked out in your browser, and nothing you enter is sent to our server.

Does it work on my phone?

Yes. It works in any modern browser on Android and iPhone, as well as on tablets and computers. There's nothing to install.

Do I need an account?

No. Just open the page and use the tool. There's no sign-up and no email needed.

Can I put Inflation calculator on my own website?

Yes. Use the Embed on your site button under the tool to copy a short piece of code and paste it into your page. It is free, needs no account, and the tool keeps working inside your page.

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