💹 Inflation Calculator
What will today's money be worth in the future?
What would past money be worth today?
Calculate buying power erosion
What is the Inflation Calculator?
The Inflation Calculator shows how prices and purchasing power change over time. It has three modes: Future Value estimates what a sum today will need to grow to just to keep pace with inflation; Past Value shows what an older amount of money is equivalent to today; and Buying Power projects how much a monthly income's real value erodes over a number of years at a given inflation rate.
How to Use It
Pick the tab that matches your question. For Future Value, enter an amount, an annual inflation rate, and a number of years to see the future value needed and how much purchasing power is lost. Past Value works the same way in reverse for money from years ago. Buying Power takes a monthly income and shows its real value and percentage remaining after inflation over time.
When to Use It
Use it when negotiating a raise or salary to check whether it actually keeps pace with inflation, when comparing historical prices or wages to today's dollars, or when planning long-term savings and retirement goals that need to account for eroding purchasing power.
Who Benefits
Anyone budgeting for the future, comparing salary offers, or researching historical prices for a report or personal finance decision. It's also useful context for savers deciding between low-yield savings accounts and inflation-beating investments like stocks or real estate.