Raise a price by an inflation rate you enter, for the number of years you enter, with no other changes.
Future price = price today × (1 + yearly rate ÷ 100) raised to the years. The increase is the future price minus today’s price. The rate is the one you type.
Add 1 to the yearly rate written as a decimal, raise it to the number of years, and multiply by today’s price. $100 at 3% for 10 years is $134.39. The increase is $34.39.
This page does not look up a consumer price index. A year with a different rate than the one you type will not match the result. Enter the rate you want to plan with.
The price is $134.39. The increase is $34.39.
Using a monthly rate in the yearly field.
Reading the result as a forecast from an official index.
No. Enter the rate. A blank official figure is not filled in.
See what a starting amount grows to when a yearly rate compounds monthly, quarterly, or once a year.
calculatorMultiply a starting amount by a yearly rate and the years, with no compounding along the way.
calculatorSee a balance after monthly deposits compound at a yearly rate, starting from an amount you already have.