Inflation Calculator: Future Cost and Value of Money in India
Choose future cost or today's value, then enter the amount, the inflation rate and the years. The result and a yearly table update instantly.
- Nothing you type is stored
- Free
- No signup
Future cost
₹1,79,085
- Prices go up by
- 79.1%
- In words
- 1.79 lakh
- Prices double in about
- 11.9 years
Assumes the same inflation every year. Actual inflation varies year to year and by item (education and health often rise faster).
Year by year
| Year | Cost |
|---|---|
| 1 | ₹1,06,000 |
| 2 | ₹1,12,360 |
| 3 | ₹1,19,102 |
| 4 | ₹1,26,248 |
| 5 | ₹1,33,823 |
| 6 | ₹1,41,852 |
| 7 | ₹1,50,363 |
| 8 | ₹1,59,385 |
| 9 | ₹1,68,948 |
| 10 | ₹1,79,085 |
How to use
- Choose "Future cost" to grow today's price, or "Value in today's money" to shrink a future amount.
- Enter the amount and the inflation rate.
- Enter the number of years and read the result.
Good to know
Future cost = today's cost × (1 + inflation)^years. Value in today's money = future amount ÷ (1 + inflation)^years. At 6%, prices roughly double in 12 years, so ₹1 lakh of expenses today becomes about ₹1.79 lakh in 10 years.
RBI targets 4% CPI inflation with a band of 2% to 6%. Retail inflation has been within that band in most recent years, but costs that matter for planning, such as school fees, medical care and housing, often rise faster than the headline number.
Use this to set realistic goals: a child's education, a wedding or retirement expenses. Then use the goal SIP or retirement calculator to plan the saving.
Questions
How do I calculate the effect of inflation?
Future cost = Present cost × (1 + i)^n, where i is the yearly inflation rate and n the number of years.
What inflation rate should I use?
5%–6% for general expenses is a common planning figure; 8%–10% for education and health costs.
What is ₹1 lakh worth after 10 years at 6% inflation?
About ₹55,840 in today's money.
Does it use actual past CPI data?
No. It applies one steady rate to every year.
Is my data stored?
No. Everything is calculated on your device.