Inflation Calculator
What an amount is worth after inflation, in either direction.
How it works
Inflation compounds like interest, in reverse. At 3% a year, money loses roughly half its purchasing power in 23 years.
The two headline numbers answer different questions. The first is what today's amount will buy later. The second is what you would need later to buy what the amount buys today — the number that matters when setting a retirement target or a long-term price.