Formula
Future cost = current amount x (1 + inflation rate)^years.
Example
$1,000 with 3% inflation for 10 years costs about $1,344 in the future.
Result notes
- Results are estimates based on the values you enter.
- Calculators with schedules show how values change over time.
- For financial, health, or construction decisions, compare these estimates with professional advice when needed.
Frequently asked questions
Is this based on official CPI data?
No. It uses the inflation rate you enter, so it does not need a database.
Can I use my country's inflation rate?
Yes. Enter the annual rate you want to model.
Why does purchasing power fall?
If prices rise, the same amount of money buys less in the future.