Inflation Calculator
See how inflation affects purchasing power over time
Formula Used
Future Cost = Amount × (1 + Inflation Rate)^Years
Step-by-Step Explanation
- 1Enter an amount of money today and the expected annual inflation rate.
- 2Enter the number of years to see the equivalent future cost.
Worked Examples
Example 1
$1,000 today at 3% inflation for 10 years
Amount=$1,000, Rate=3%, Years=10
Equivalent future cost ≈ $1,344
Frequently Asked Questions
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