📈 Economic Calculator

Inflation Calculator

Calculate the real value of money over time using historical CPI data. See how purchasing power changes and compare costs across decades.

Inflation Details

Calculate past or future purchasing power

$
US CPI data available from 1913
%
US average ~3.1%. 2020s avg ~5%+
Equivalent Value
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Purchasing Power Lost
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Original Amount
Equivalent Value
Total Inflation
Annual Rate
Original Amount
From Year
To Year
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Avg Annual Rate
Total Cumulative Inflation
Equivalent Value
Real Purchasing Power Change

FAQ

What is inflation?
Inflation is the general increase in prices over time, reducing the purchasing power of money. At 3% annual inflation, something that costs $100 today will cost $103 in a year.
What is the historical US inflation rate?
The US long-term average is about 3.1% since 1913. The 1970s saw double-digit inflation (10-14%). Post-COVID inflation peaked at ~9.1% in June 2022, before easing back to ~3-4%.
How does inflation affect savings?
If your savings earn less interest than inflation, your purchasing power decreases. At 3% inflation, $10,000 in a 1% savings account would lose about $200 in real purchasing power per year.
What is real vs nominal value?
Nominal value is the face amount in current dollars. Real value is adjusted for inflation — it represents actual purchasing power. Economists focus on real values for meaningful comparisons over time.