Inflation Calculator

Finance Calculator

Inflation Calculator

Estimate future purchasing power after inflation.

Calculator guide

How this calculator works

How to use this calculator

1. Enter the current cost or amount.
2. Enter the assumed annual inflation rate.
3. Enter the number of years.
4. Click Calculate Future Cost.

Formula used

Future Cost = Current Cost × (1 + i)^t

where:
i = annual inflation rate as a decimal
t = number of years

This calculator assumes the same inflation rate each year.

Example calculation

Example: $1,000 at 3% inflation for 10 years

Future Cost = 1,000 × (1.03)^10
Future Cost ≈ $1,343.92

What the result means

The result estimates how much a current cost could become in the future if inflation remained constant at the entered annual rate. Actual inflation changes over time.

Frequently asked questions

Does inflation stay constant in real life?

No. The calculator uses a constant rate only as an estimate.

Can I enter a negative inflation rate?

Yes, as long as the rate is greater than -100%. A negative rate represents falling prices.

Is this the same as calculating purchasing power?

It estimates a future price from a current price. Purchasing-power calculations reverse the perspective.