Money
Inflation Calculator
By the Dailycaltor team · formula-verified · last updated July 2026
What your money will be worth later.
Details
Formula
Future cost = amount × (1 + inflation)years. Buying power = amount ÷ (1 + inflation)years. At 3%, prices roughly double every 24 years (the rule of 72).
Worked examples
- $1,000 of expenses at 3% for 10 years → about $1,344 for the same things.
- $1,000 cash held 10 years at 3% buys only what ~$744 buys today.
- At 5% inflation, prices double in about 14 years.
Common mistakes
- Keeping long-term savings in cash — inflation quietly taxes it every year.
- Comparing old prices or salaries to today without adjusting for inflation.
- Assuming one year of high inflation reverses; price levels usually stay, only the growth slows.
Last updated: July 2026. Educational estimates only.
Questions
How does inflation affect savings?
Money earning less than inflation loses buying power each year even though the number grows.
What is a normal inflation rate?
Many central banks target about 2%; real-world years vary widely.
What will $100 be worth in 10 years?
At 3% inflation it buys what about $74 buys today. Try your own numbers above.
What is the rule of 72?
Divide 72 by the inflation (or interest) rate to estimate how many years until prices (or money) double.
How do I beat inflation?
Earning a return above inflation — through interest, investments or raises — preserves buying power.
Is this calculator country-specific?
No — enter any currency and any assumed rate.