Inflation Calculator - Purchasing Power | Financial Calculator
Free inflation calculator to see how purchasing power changes over time. Calculate future prices and the real value of your money after inflation.
How to Use
- Current Amount — Enter the current amount or asset value you want to evaluate
- Annual Inflation Rate — Enter the expected annual inflation rate (%). US average is about 2–3%.
- Period — Enter the number of years for the calculation
- Calculate — Click Calculate to see future price, real purchasing value, and purchasing power loss rate
FAQ
What is the average inflation rate in the US?
The US has averaged about 2–3% annual inflation over the past decade. During 2021–2023, it surged above 7%. For long-term planning, 2.5–3% is a conservative benchmark.
What happens if my investment return is lower than inflation?
Your real purchasing power decreases. For example, if savings earn 2% but inflation is 3%, you're effectively losing 1% in real terms each year.
How do I factor inflation into retirement savings?
Calculate future monthly needs by multiplying current expenses by (1 + inflation rate)^years. Example: $2,000/month × (1.025)^20 ≈ $3,277 needed 20 years from now.