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Inflation Calculator

See what money from one year is worth in another at a chosen average inflation rate — cumulative inflation, purchasing power lost, and a year-by-year table.

Latest CPI-U index: 332.813 (2026-07-01, BLS via FRED).

Inflation Calculator: with the default inputs, equivalent amount is $215.66.

$
%
Try an example
Equivalent amount
$215.66
Cumulative inflation
115.7%
Purchasing power lost
53.6%
What the original amount buys, in start-year terms
$46.37
Years elapsed
26
Assumptions
  • A single average inflation rate applies to every year in the range.
  • Years are treated as whole calendar years; no within-year timing.
Equivalent value by year
$0$100$2002000200520102015202020252026Year
Value of $100 from 2000
Year by year
YearEquivalent amountCumulative inflation
2,000$100.000%
2,001$103.003%
2,002$106.096.1%
2,003$109.279.3%
2,004$112.5512.6%
2,005$115.9315.9%
2,006$119.4119.4%
2,007$122.9923%
2,008$126.6826.7%
2,009$130.4830.5%
110 of 27
Math verified by automated testsUpdated 2026-09-083 sources cited

How this is worked out

The formula

Equivalent = Amount × (1 + i)^n
Cumulative inflation = (1 + i)^n − 1
Purchasing power lost = 1 − 1 ÷ (1 + i)^n

i = average annual inflation rate, n = end year − start year (negative n deflates)

Open How it’s calculated above to see this worked through with your own numbers.

What you enter

Amount
A number.in dollars · 0 or more · defaults to 100
From year
A number.from 1900 to 2100 · whole numbers only · defaults to 2000
To year
A later year shows what the amount is worth then; an earlier year deflates it.from 1900 to 2100 · whole numbers only · defaults to 2026
Average annual inflation
US CPI averaged about 3% a year over the past century and about 2.6% since 2000. For actual historical figures use the BLS CPI calculator linked below.a percentage · from -20 to 100 · defaults to 3

What you get back

Equivalent amountmain answer
Cumulative inflation
Purchasing power lost
How much less the original amount buys at the end than at the start.
What the original amount buys, in start-year terms
The original dollars deflated — the mirror image of the equivalent amount.
Years elapsed

What this assumes

  • A single average inflation rate applies to every year in the range.
  • Years are treated as whole calendar years; no within-year timing.

About this calculator

Inflation is the rate at which prices rise, which is the same thing as the rate at which each dollar buys less. Compounded over years it's large: at 3% a year, prices double in about 24 years, so a salary, pension or savings balance that stays flat in dollars loses half its buying power over a career.

How to use it

Enter an amount, the year it comes from, the year you want it expressed in, and an average annual inflation rate. The default 3% is close to the long-run US average; 2% is the Federal Reserve's target and a fair assumption for planning; the 2021–2023 stretch ran 4–9%. To go backwards ("what was $50,000 today worth in 1995 dollars?") just put the earlier year in the To field.

For a real historical conversion between two specific years you want actual CPI data, not an average. The Bureau of Labor Statistics publishes a free CPI Inflation Calculator (linked below) that uses the monthly index back to 1913; take its answer as the reference and use this tool to understand the arithmetic or to project forward, where no data exists yet.

Reading the results

  • Equivalent amount is what it takes in the end year to buy what the original amount bought in the start year.
  • Cumulative inflation is the total price rise over the period — 26 years at 3% is 116%, not 78%, because it compounds.
  • Purchasing power lost is the flip side: 116% cumulative inflation means each original dollar now buys about 46% less.

Why it matters for planning

Any long-term figure quoted in today's dollars — a retirement income target, a college cost, a house price — needs inflating before you compare it with a projected account balance. Equally, an investment return needs deflating before you know what it earned you: 7% nominal with 3% inflation is a real return of (1.07 ÷ 1.03) − 1 ≈ 3.9%, not 4%. Wages, Social Security benefits and TIPS bonds are indexed to CPI; fixed-rate bonds, most pensions and cash are not.

Caveats

CPI measures an average urban basket. Your personal inflation depends on what you buy — housing, healthcare and college have risen faster than the index for decades, while electronics and clothing have fallen. And an average rate smooths over the variation: two decades at 3% and one year at 8% end in a different place than 21 steady years.

Frequently asked questions

How is inflation calculated over multiple years?

It compounds: multiply (1 + rate) by itself once per year. At 3% for 10 years the factor is 1.03^10 = 1.344, a 34.4% rise — not 30%.

What inflation rate should I use for planning?

2–3% for long-run US projections: 2% is the Federal Reserve's target and about 3% is the century average. Use a higher figure for healthcare or college costs, which have outpaced CPI.

Where do I get actual CPI figures?

The Bureau of Labor Statistics publishes CPI monthly and offers a free CPI Inflation Calculator that converts dollars between any two months since 1913.

What's the difference between nominal and real?

Nominal figures are in the dollars of their own year; real figures are adjusted to a common year's purchasing power. A 5% raise with 3% inflation is a real raise of about 1.9%.

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