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Inflation Calculator

↻ Updated 2026

Enter an amount, an inflation rate and a time horizon to see both sides of inflation — what today's basket will cost in future dollars, and what today's money will be worth then.

Educational calculators — always consult a licensed professional before making financial decisions.

Your inputs

Amount today

Annual inflation rate

Bank of Canada target midpoint ~2%

Years

Future cost

$1,219

$1,000 basket in 10 yr

Future purchasing power

$820

what $1,000 buys then

Purchasing power lost

$180

over 10 years

Rising cost over time2% · 10 yr

todayyear 10

Both directions

Amount today$1,000

Costs in 10 years (2%/yr)$1,219

Today's $1,000 will be worth$820

Cumulative inflation21.9%

Purchasing power lost$180

ASSUMPTIONS — Inflation compounds annually at a constant 2%. The default of 2%reflects the Bank of Canada's 2% inflation target; actual CPI varies year to year. “Future cost” grows today's amount by inflation; “purchasing power” discounts it — showing what today's dollars will buy later. Figures ignore taxes and any interest earned on the money.

Runs entirely in your browser — nothing you enter is sent to us.How this works

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Sources & rate references

·Standard amortization / compound-interest formulas

Rates, brackets and limits here are checked against primary sources. If a number still looks off, email support@realmoneyiq.com and we'll review and fix it.

RealMoneyIQ provides free educational calculators, not financial, tax, investment or legal advice. Results are estimates based on the assumptions you enter and publicly published rates; your actual outcome will differ. Always confirm decisions with a licensed professional who knows your full situation.