Inflation Calculator
Calculate the future value of money based on historical or projected inflation rates. See how purchasing power changes over time.
Published by:
isCalculator Editorial Team
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How to use this tool?
Follow these steps to calculate the effect of inflation on your money:
- Enter Initial Amount – The starting dollar value (e.g., 1000). Use positive numbers only.
- Enter Inflation Rate – The annual inflation rate as a percentage (e.g., 3 for 3%). Must be between 0 and 100.
- Enter Number of Years – How many years into the future you want to project (e.g., 10). Must be a positive whole number.
- Click "Calculate" – The calculator will show:
- Future Value – What your initial amount will be worth after inflation (in dollars).
- Loss of Purchasing Power – The dollar amount of value lost due to inflation.
Formula used: Future Value = Initial Amount × (1 + Inflation Rate/100)^Years. All inputs must be positive; the inflation rate can be zero.
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Frequently Asked Questions
Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power.
The future value is calculated using the formula: Future Value = Initial Amount * (1 + Inflation Rate/100)^Years.
Central banks often target an inflation rate of around 2-3% per year, but rates can vary widely by country and time period.
