CalculateItToday

Inflation Adjustment Calculator

Adjust for Inflation

Today's Value & Steps

Enter an amount and date

Quick Examples

About Inflation Adjustment

This calculator uses official monthly inflation rates to adjust the value of money from a past date to today. It helps you understand how much purchasing power has changed over time due to inflation.

How It Works:

  • Uses compounded monthly inflation rates
  • Calculates the equivalent value in today's dollars
  • Shows step-by-step calculation for transparency

Why Adjust for Inflation?

  • Compare historical prices to today
  • Understand real value changes over time
  • Plan for savings, investments, and retirement

Formula:

Adjusted Value = Original Amount × (1 + r₁) × (1 + r₂) × ... × (1 + rₙ)
where r = monthly inflation rate (as a decimal)