How to use the Inflation Calculator
- Enter an amount of money.
- Enter an average yearly inflation rate.
- Choose the number of years to see future prices and purchasing power.
About this tool
Inflation is the gradual rise in prices over time. Even modest inflation adds up: at 3% a year, prices roughly double in 24 years. That’s why money sitting in a 0% account slowly loses value.
Many central banks, including the US Federal Reserve, the Bank of England and the European Central Bank, target about 2% inflation per year. Actual inflation varies — use a higher rate to stress-test your plans.
Frequently asked questions
What is a normal inflation rate?
Around 2% per year is the target for most developed economies; actual rates vary.
How can I protect savings from inflation?
Keep long-term money invested in assets that historically outpace inflation, such as diversified stock funds, and use high-yield savings for emergency funds.
Is this based on historical CPI data?
No, it projects using the average rate you enter.