Inflation & Purchasing Power Calculator

See what an amount of money will cost in the future, or what it is worth in today’s money, at any inflation rate you choose.

Runs on your device

Result

Results appear here as you type.

What it does

Enter an average inflation rate (the US Federal Reserve targets 2%) to see how prices grow and how much buying power savings lose over time.

How to use it

  1. Enter an amount and the number of years.
  2. Enter the average inflation rate.
  3. Read the future cost and today’s value.

Example

The example fills in realistic values and runs the tool. Select Try an example above to see it.

When it helps

  • Retirement planning in real terms.
  • Understanding salary raises.
  • Long term savings goals.

Questions

What rate should I use?

Long run US inflation has averaged roughly 3% a year; the Fed targets 2%. Try both.

Does this use historical CPI data?

No. It projects with the rate you enter, so it works for any country and any period.

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