What is this calculator?
Inflation is the silent killer of wealth. Use this calculator to see how the purchasing power of the Rupee has degraded historically (using exact CPI data from 1960 to 2024), or to project how much a ₹10 Lakh car today will cost 15 years from now.
How is it calculated?
Historical: Adjusted Amount = Amount × (CPI of To_Year / CPI of From_Year)For future projections, it uses standard compound interest: Future Cost = Current Cost × (1 + Inflation Rate)^Years.
Calculation Example
₹1,000 from 1960 to 2024
Result:₹1,000 in 1960 had the same purchasing power as approximately ₹89,000 in 2024.
Frequently Asked Questions
- What inflation rate should I assume for future planning in India?
- Historically, India's CPI inflation has averaged around 7.5% over the long term. For conservative retirement planning, assuming 6% to 7% inflation is standard, while medical and education inflation should be modeled at 10% to 12%.