Inflation Calculator

Calculate purchasing power over time using compound inflation rates.

Amount ($)From YearTo YearAnnual Inflation Rate (%)

$2,032.79

Equivalent in 2024

$491.93

$1,000.00 in 2024 was worth this in 2000

103.28%

Cumulative Inflation (24 years)

49.2%

Purchasing Power Remaining

About This Tool

Calculates the effect of inflation on purchasing power using compound interest math. The default 3% annual rate is a typical long-run US CPI average — adjust to match actual historical or projected rates.

Formula

Future Value = Amount × (1 + rate)^years
Purchasing Power = Original / Future Value × 100%

FAQ

What rate should I use? — US average CPI is ~3% long-term. Recent years have seen 4–8%. For historical US data, look up Bureau of Labor Statistics CPI tables.