Estimate future costs or see how inflation may reduce the purchasing power of money over time.
This calculator uses a constant annual inflation rate for illustration. Actual inflation changes over time and varies by country, product and service.
Inflation changes how much money is needed to buy the same goods and services over time. This calculator can estimate a future equivalent cost or show the purchasing power of a fixed amount after a selected number of years.
Future cost applies the selected annual inflation rate to today's amount over the chosen period. It estimates how much money may be needed in the future to match the purchasing power of the starting amount.
Purchasing power works in the opposite direction. It estimates what a future fixed amount may be worth in today's purchasing-power terms after accounting for the assumed inflation rate.
Inflation is not constant and different spending categories can experience different price changes. Use the result for general planning rather than as a prediction of future prices.