Inflation Calculator
See how inflation changes what your money is worth over time.
Your Money
£
%
In the Future
Same goods will cost
—
Today's money keeps buying—
Loss of purchasing power—
Frequently Asked Questions
If prices rise by an inflation rate each year, the same cash buys less over time. £1,000 at 2.5% inflation buys what about £781 buys today after 10 years.
The Bank of England targets 2%. UK inflation has averaged roughly 2–3% over the long run, but spiked higher in 2022–2023. Use a rate that suits your scenario.
Understanding Inflation
Inflation is the rate at which prices rise. A pound in the future buys less than a pound today, which is why money kept as cash loses real value while savings need to grow at least as fast as inflation to keep pace.
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Beat inflation with compound interest, or plan ahead with the savings goal calculator.