Inflation Calculator
Estimate the future cost of an amount using an assumed inflation rate.
About this tool
This calculator estimates how much a current amount might cost in the future if prices rise at a constant annual inflation rate. It is useful for rough budget planning, but actual inflation varies across goods, services and time.
How to use this calculator
- Enter the current amount.
- Enter an assumed annual inflation rate and number of years.
- Calculate the projected future cost and nominal increase.
Formula
Worked example
If an item costs ₹1,00,000 today and inflation is assumed to be 6% annually for 10 years, the estimated future cost is ₹1,00,000 × 1.06^10.
Frequently asked questions
What does the inflation rate mean here?
It is a constant annual assumption entered by you, not a live or guaranteed forecast.
Does inflation affect every item at the same rate?
No. Food, housing, healthcare, transport and other categories can change at different rates.
Is this the same as investment growth?
No. It projects the future price of an expense. Investment growth estimates how an asset’s value may change.
Why is the future amount higher?
With positive inflation, the same nominal basket of goods is assumed to cost more each year, and the increase compounds over time.
EzCalcTools provides general calculations for information and planning. Results depend on the values and assumptions entered. For financial, investment, payroll or tax decisions, confirm the applicable product terms and current rules with an authoritative source or qualified professional.