What inflation rate should I use?

A common long-run assumption is around 2–3% annually in many developed economies, but actual inflation varies year to year and by country — adjust based on your own outlook.

Inflation Calculator

Banking & Interest

Calculate how inflation erodes purchasing power over time — or how much you’ll need to keep up with it.

Display currency

Changing the display currency only changes the symbol shown — amounts aren't converted, since this tool doesn't use live exchange rates.

Amount today

Annual inflation rate (%)

Number of years

What $1,000 today will feel like in the future

How this is calculated

Future purchasing power = Amount ÷ (1 + inflation rate)^years. Amount needed to keep up = Amount × (1 + inflation rate)^years — the same compounding formula applied in each direction.

Frequently asked questions

What inflation rate should I use?: A common long-run assumption is around 2–3% annually in many developed economies, but actual inflation varies year to year and by country — adjust based on your own outlook.

Savings Goal Calculator

Calculate the monthly contribution needed to reach a savings target by a given date.

Retirement Calculator

Project your retirement savings balance from your current savings, contributions, and expected return.

Future Value / Present Value Calculator

Toggle between calculating future value from present value, or present value from future value.