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Financial Calculators

Inflation Calculator

Calculate how inflation erodes the purchasing power of money — see what your money will actually be worth in the future, and how much more things will cost.

⚡ Instant calculation 🔒 Private — runs in your browser 🚫 No login required 📋 Copy or download results
📈 Inflation Calculator
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Enter your figures and click Calculate to see your results.

📖How to Use the Inflation Calculator

  1. 1
    Enter your figures

    Enter the initial amount, annual inflation rate and number of years to calculate what your money will be worth in the future.

  2. 2
    Click Calculate

    Press the Calculate button. All results appear instantly — no page reload needed.

  3. 3
    Read and use your results

    Your results are shown in a clear summary card. Use the Copy button to grab the result or Download to save a text report.

💡When to Use This Calculator

SituationWhy It Helps
Planning retirement savings See real value erosion
Evaluating long-term investments Understand real returns
Comparing historical prices Contextualise old costs

Frequently Asked Questions

How does the Inflation Calculator work?

It applies the compound interest formula: Future Value = Initial Amount × (1 + Inflation Rate)^Years. This shows how purchasing power erodes over time as prices rise.

What is a typical inflation rate?

Most developed economies target around 2% annual inflation. In practice, rates vary — the US and UK have historically averaged 2–4%, while some economies experience much higher rates during economic stress.

Can I use this to calculate historical inflation?

Yes — enter a past amount, the historical inflation rate for that period, and the number of years to find what that money would be worth today in real purchasing power terms.

Why does inflation matter for savings?

If your savings earn less interest than the inflation rate, the real value of your money is falling each year. A £10,000 savings account at 1% interest loses real value when inflation is 3%.

Is this calculator free?

Yes — completely free to use with no login, no sign-up and no usage limits.

Is my data private?

Yes. All calculations happen entirely in your browser using JavaScript. No figures are ever sent to any server or stored.