Inflation Calculator
Project how much something will cost in the future, and how much buying power your money loses, at a given inflation rate.
Cost of the same things in 10 years$1,343.92
- Buying power of today's amount
- $744.09
- Buying power lost
- 25.6%
What $1,000 of stuff costs later
At 3% inflation a year:
| Years from now | Future cost | Today's $1,000 buys |
|---|---|---|
| 5 years | $1,159.27 | $862.61 |
| 10 years | $1,343.92 | $744.09 |
| 15 years | $1,557.97 | $641.86 |
| 20 years | $1,806.11 | $553.68 |
| 30 years | $2,427.26 | $411.99 |
How it works
Future cost = amount × (1 + inflation rate)^years. Buying power is the reverse: amount ÷ (1 + rate)^years.
Tips
- Money in a regular checking account loses buying power every year inflation is above zero.
- When you plan far ahead, run a few inflation rates to see a range.
Frequently asked questions
What inflation rate should I use?
Use whatever you expect for the period. Many people test a couple of rates to see the range.
Results are estimates for planning only and are not financial advice.