Inflation compounds: at 3% a year, prices roughly double every 24 years. The calculator shows both directions — what your money will effectively be worth, and how much you would need to match today's spending. For nomads, pair this with our cost-of-living data per city to compare destinations over a multi-year horizon.
Recent long-run averages: ~2–3% for most developed economies; emerging markets vary widely.
Each year's price rise applies to the already-increased level — the same maths as compound interest.
No — the percentage maths applies to any currency.
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