Inflation Calculator

A plate of chole bhature, a school fee, a monthly grocery bill — they all cost more every year. Thisinflation calculator shows how much today's expenses will cost in the future, and how much less your money will buy, at the inflation rate you choose. Switch to “Past value” to convert an old amount into today's money. Use it to set realistic goals for retirement, a child's education or a house.

How to use it

Choose Future cost (today → future) or Past value (past → today).
Enter the amount, the average inflation rate and the number of years.

Formula

Future cost = Amount × (1 + inflation)^years · Real value = Amount ÷ (1 + inflation)^years

Example

A family spends ₹40,000 a month today. At 6% inflation, the same lifestyle will cost about₹71,600 a month in 10 years and ₹2.3 lakh a month in 30 years. Seen the other way, ₹1 crore received 30 years from now will buy what about ₹17.4 lakh buys today. Plan with the retirement calculator and make your money grow faster than inflation with a SIP.

Disclaimer: Results are estimates for educational purposes only and are not financial, investment or tax advice. Please verify with your bank, broker or a SEBI-registered adviser before acting. Read the full disclaimer.

Frequently asked questions

What inflation rate should I use for India?

Retail (CPI) inflation in India has averaged roughly 5–6% a year over the last decade, though it varies from year to year. Many costs rise faster — education and healthcare often by 8–10% a year — so use a higher rate when planning for those.

How does inflation affect my savings?

If your savings earn less than inflation, their real value shrinks. Money in a savings account at 3% loses purchasing power every year when inflation is 6%.

What is the “rule of 72” for inflation?

Divide 72 by the inflation rate to estimate how many years it takes for prices to double. At 6% inflation, prices double in about 12 years.

Can I see what money was worth in the past?

Yes — choose “Past value” to see what an amount in an earlier year is equivalent to today, assuming the average inflation rate you enter.

Cost over time