Calculate how inflation affects the purchasing power of your money over time.
Economic Data
Purchasing Analysis
Purchasing Power$744.09Value of $1,000.00 in 10 years
Future Cost$1,343.92Cost of same goods in 10 years
Purchasing Power Erosion
Purchasing Power
Future Cost
About this calculator
Overview
Calculate how inflation affects the purchasing power of your money over time.
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Pro Tips
What is inflation?: Inflation is the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.
How does inflation affect my savings?: If the inflation rate is higher than the interest rate you're earning on your savings, the real value (purchasing power) of your money will decrease over time.
What is 'Personal Inflation'?: Personal inflation is based on the specific goods and services you consume. It can differ from the national average depending on your lifestyle and spending habits.
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Fun Facts
"In the early 1920s, Germany experienced hyperinflation so severe that people used banknotes as wallpaper and fuel for stoves."
"The Consumer Price Index (CPI) is the most common measure of inflation in the United States, tracking a "basket of goods" that an average consumer buys."
"Historically, a small amount of inflation (around 2% per year) is often considered healthy for a growing economy by central banks."
