Estimate how inflation changes the value of money over time. Use it to see what something may cost in future, how much buying power an amount has lost, and what a future price is worth in today's money.
This calculator uses compound inflation. It is useful for planning and comparing money across time, but it is not an official ONS or Bank of England forecast.
Inflation compounds, so each year's percentage change applies on top of the previous year's higher or lower price level.