Inflation Calculator
Reverse: What Did It Cost?
If something costs this much today, what was its equivalent cost in the past?
About Inflation
Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power. If inflation is 6% per year, something that costs $100 today will cost $106 next year.
The future value formula is: FV = PV x (1 + rate)^years. To find past purchasing power: Past Value = Current / (1 + rate)^years.