Inflation calculator: what is your money from back then worth today?
Choose an amount and two years. The calculator uses official annual averages from Eurostat (HICP), the U.S. Bureau of Labor Statistics and the UK Office for National Statistics.
Loading official data.
What the inflation calculator shows
Inflation means that the same amount of money buys less later on. The calculator compares the price index of two years. If the general price level has risen by 40 percent, for example, you need €1,400 instead of €1,000 for the same shopping. Put the other way round, €1,000 from back then only has the purchasing power of about €714 today.
Where the figures come from
For Europe the calculator uses the Harmonised Index of Consumer Prices (HICP) from Eurostat, the official measure that is comparable across Europe. For the USA it uses the consumer price index CPI-U of the U.S. Bureau of Labor Statistics, for the UK the CPI of the Office for National Statistics. Each year is the annual average.
What this means for your money
Money that sits in a current account for years without interest loses purchasing power, even if the balance stays the same. You still need an emergency fund that is available immediately. For money you will not need for many years, it is worth asking how it can at least keep up with inflation. The Money Compass shows you how much of your money is affected.
Frequently asked questions
Is this the official inflation rate?
Yes. The values come directly from official statistics (Eurostat, BLS, ONS) as annual averages and are updated automatically.
Why does my perceived inflation differ?
The index measures an average basket of goods. If you spend a lot on food, energy or rent, you often feel price increases more strongly.
Why is the current year missing?
An annual average is only final once the year is over. The Money Compass shows the current monthly rate in its purchasing power check.