Inflation Calculator

See how inflation changes the value of money over time.

Cost of the same things in 10 years

$1,344

Buying power of today's amount: $744
Total price increase: 34.4%

Cost of the same things in 10 years$1,344

Projections are hypothetical and not investment advice. Real returns vary year to year and can be negative.

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How it works

Inflation compounds each year, so prices rise faster over long periods than a simple multiplication suggests. The same logic shows how much less today's money will buy later.

Formula

Future cost = Amount × (1 + i)ᵗ
Future buying power = Amount ÷ (1 + i)ᵗ

Example

At 3% average inflation, $1,000 of goods today will cost about $1,344 in 10 years.

Assumptions & limitations

A constant rate of return or inflation every year.
Excludes fees and taxes unless entered.
Contributions are made regularly and on time.

Frequently asked questions

What is a normal inflation rate?

The US Federal Reserve targets about 2% per year over the long run, though actual inflation varies.