Inflation Calculator
Finance CalculatorsCalculate the effect of inflation on money over a period of years.
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About This Tool
Determine how inflation erodes the value of your savings or increases the cost of living. Enter an annual inflation rate to project future costs or past purchasing power.
Frequently Asked Questions
Inflation is the general increase in prices and the fall in the purchasing value of money over time. It means that $1 today will likely buy less in 10 years.
In many stable economies, central banks aim for a target annual inflation rate of approximately 2%. However, this can be higher in developing or volatile economic markets.
Inflation reduces the real value of cash. If the interest rate on your savings account is lower than the inflation rate, your money is actually losing purchasing power over time.
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