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Future Prices

Projects the future price of an item at a chosen inflation rate.

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Result
โ€”

How it works

1Enter your figures
2We apply the formula
3See your result

How to use it

  • Enter Price today.
  • Enter Inflation % / year.
  • Enter Years ahead.

The formula

Future price = today's price ร— (1 + inflation)โฟ.

Worked example

A $20,000 car at 3% inflation is about $26,900 in 10 years.

Frequently asked questions

Is inflation steady?

No โ€” it varies year to year.

Why project?

To plan big future purchases.

Tips

  • Compare money across years in real terms.
  • Hold assets that grow at or above inflation.
  • Cash quietly loses value when prices rise.

Key terms

CPI
A price index for a basket of goods.
Real return
Return after inflation.
Purchasing power
What a sum can actually buy.