Inflation calculator
See what something will cost in future, or what money you receive in future is worth today.
Your result
Year by year
Show the figures year by year
| Year | Amount |
|---|
How the calculator works
Inflation compounds: each year’s increase applies to a price that has already risen. At 4.5% a year, prices roughly double in 16 years.
The same arithmetic, run backwards, shows what money you receive later is worth today. That is why a retirement plan aims for an income in today’s money, not a fixed number.
The calculator uses the same inflation rate every year. Actual inflation varies from year to year, and the prices you pay can rise faster or slower than the average. The information on this website is general and should not be seen as financial advice or a recommendation. We trust our sources but can’t guarantee absolute accuracy or completeness. Talk to a TRG adviser about your own circumstances.
More calculators
All calculatorsInvestment growth
See what a lump sum and monthly contributions could grow to, and what that is worth in today’s money.
Savings goal
Work out how much to save each month to reach a target by a set date.
Home loan repayment
Your monthly bond repayment, the total interest, and how much an extra payment each month saves.
Retirement annuity tax
The tax your retirement contributions save, and how much more you can put into an RA before the limit.
Tax-free savings
How much you can still put into a tax-free savings account this tax year, and the penalty on going over.
Retirement lump sum tax
The tax on a lump sum at retirement or when you leave a job, including earlier lump sums.
Living annuity drawdown
How long a living annuity can pay the income you want, and when the legal maximum starts to cap it.
Estate duty and estate costs
Estate duty, executor’s and Master’s fees and capital gains tax, and whether your estate has the cash to pay them.
Two-pot withdrawal tax
The tax on a savings pot withdrawal, and what your fund pays you after tax and fees.
