Thursday, April 18, 2013

What Will $1 be Worth in the Future? (calculator)

This calculator:

  • Converts current prices to equivalent prices any number of years in the future
  • Compares purchasing power today to purchasing power in the future
Enter an amount, how far into the future you want to compute, and the inflation rate you want to assume.  Below we see that at 5% inflation for 20 years, an item that costs $100,000 now will cost over $265,000.  That means that 20 years from now the purchasing power of $100,000 will have been reduced by over 62%; $100,000 then will only be able to buy what we can buy now for about $37,000. Be sure to enter inflation percentages as decimal amounts -- that is, 0.05 for 5%, 0.025 for 2.5%, etc. 

Notes: Enter data only in the tan cells. On some phones you may need to double click to enter data. On some computers, you may have to enter some fields more than once for it to "take." Please leave a comment if you are having problems.

Related Posts

What Will $100 be Worth in 10-20 Years?  Graphical version. Will give you "big picture" perspective.
Inflation Calculator: Convert Dollars from 19xx to Now Similar calculator, but converts from past to current.

For lists of other posts, by category, see the drop down list (mobile viewers) or tabs (computer viewers) just below the blog header at the top of the page. There are additional links in the sidebar if your device supports sidebars.
Copyright © 2013        Last modified: 7/30/2020

Appendix: (below is just an image, not a calculator. The calculator is above.)

What will $1 be worth in the future inflation calculator


Share This Article

To share via Facebook, Twitter, Pinterest, etc., see below except on mobile devices (where you share in the normal way).

No comments:

Post a Comment

No spam, please! Comment spam will not be published. See comment guidelines here.
Sorry, but I can no longer accept anonymous comments. They're 99% spam.