Inflation Calculator - Protect Your Money's Value (2024)
Shocking Fact: At 6% inflation, ₹1 lakh today will be worth only ₹54,000 in 10 years and ₹29,000 in 20 years!
What is Inflation?
Inflation measures how prices for goods and services rise over time, reducing your money's purchasing power. India's average inflation has been 6-7% over the past decade.
How Inflation Affects Common Expenses
Education
10-12% inflation
₹5L college fee becomes ₹16L in 10 years
Healthcare
8-10% inflation
₹10K hospital bill becomes ₹26K in 10 years
Real Estate
6-8% inflation
₹50L home becomes ₹1.1Cr in 10 years
Inflation Calculation Formula
Future Value = Present Value × (1 + Inflation Rate)^Years
Example:
₹1,00,000 at 6% inflation for 5 years:
₹1,00,000 × (1 + 0.06)^5 = ₹1,33,823