CalcVerse

Inflation Calculator

Inflation is the general rise in prices over time. At 3% a year, something that costs 100 today costs about 134 in ten years, and 100 of today’s money buys about 74 of today’s goods.

  • Last updated
  • Formula tested against reference values

Your numbers

Result

Future cost of the same goods
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Calculating…

Today’s money is worth
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Total price rise
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How to use this calculator

  1. Enter or choose amount today.
  2. Enter or choose inflation rate (per year).
  3. Enter or choose years ahead.
  4. The future cost of the same goods updates as you type. Use Copy result or Share to keep it.

Formula

Future cost=A×(1+i)t

Future cost = A × (1 + i)^t; real value = A ÷ (1 + i)^t

A
amount today
i
annual inflation rate as a decimal
t
years

Worked example

  1. A = 100, i = 0.03, t = 10.
  2. 1.03^10 = 1.3439.
  3. Future cost = 100 × 1.3439 = 134.39; real value = 100 ÷ 1.3439 = 74.41.

Prices rise about 34% over ten years at 3% inflation.

What the result means

Use the future cost to set savings goals for expenses years away, such as education. Use the real value to judge whether a fixed amount, like a pension, will keep its buying power.

Assumptions and limits

  • A constant inflation rate every year.
  • Actual inflation varies year to year and differs by category; healthcare and education often rise faster than the headline rate.
  • This is a projection, not historical CPI data for a specific country.

Questions

Where can I find the actual inflation rate?

National statistics agencies publish consumer price index (CPI) data: for example the U.S. Bureau of Labor Statistics and India’s Ministry of Statistics (MoSPI).

What inflation rate should I assume for planning?

Many central banks target around 2–4%. Use a higher rate for categories like education or healthcare.

Sources

Please note: This calculator gives estimates for planning. It is not financial advice, and lenders’ actual terms, fees and rounding may differ.