Handeware
Money

Cost in the future

$134.39
Increase over the period
$34.39

This is arithmetic for general information, not financial advice.

Inflation Calculator

See how much a price may grow at a steady yearly inflation rate, and how much more the same cost will be after a set number of years.

How it works

The future cost is today's price times one plus the yearly rate, raised to the number of years.

Real inflation changes from year to year, so this shows one steady rate you choose. Past rates can be found in published price data.

Worked example

Something that costs $100.00 today would cost $134.39 in 10 years at 3% a year, which is $34.39 more.

Questions

What inflation rate should I enter?

Pick a rate you expect. Averages from published price data are a common starting point, but they change from year to year.

Does this apply to every price?

It shows a steady average. Some costs, such as rent or fuel, can rise faster or slower than the overall rate.

Does this show whether my pay keeps up?

Not directly. To see that, compare your raises with the rate you chose.

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