Inflation Calculator
How rising prices change what money can buy over the years.
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Inflation varies from year to year. A single average rate is a planning assumption, not a forecast.
Frequently asked questions
How do I calculate the future cost of something?
Multiply today's cost by (1 + inflation rate)^years. For example, something costing 10,00,000 today at 6% inflation costs 10,00,000 × 1.06^15, about 23,96,558, after 15 years.
What does buying power mean?
It is how much a sum of money can buy. If prices rise 6% a year, 10,00,000 kept in cash buys only what about 4,17,265 buys today after 15 years. Choose "What my money will be worth" to see this.
What inflation rate should I use?
Use the long-run average for the thing you are planning for. General consumer inflation in India has often been around 4% to 7%, while education and healthcare costs have usually risen faster. Try a few rates to see the range.
How does this help with planning?
It shows how much you may need in future for goals such as a child's education or retirement, and why savings that earn less than inflation lose value over time.