Prediction: Value of $1,000 from 2021 to 2040
$1,000 in 2021 is equivalent in purchasing power to about $509.28 in 2040, a difference of $-490.72 over 19 years. The dollar had an average deflation rate of -3.49% per year since 2021, producing a cumulative price change of -49.07%. The buying power of $1,000 in 2021 is predicted to be equivalent to $509.28 in 2040.
This calculation is based on future inflation assumption of -5.00% per year. Use the calculator on the left to change this prediction. Or, use the annual inflation rate calculator to view inflation in the past.
Projected inflation, 2021 to 2040| Cumulative price change | -49.07% |
| Average inflation rate | -3.49% |
Converted amount
$1,000 base | $509.28 |
Price difference
$1,000 base | $-490.72 |
| CPI in 2021 | 270.970 |
| Inflation in 2021 | 4.70% |
| $1,000 in 2021 | $509.28 in 2040 |
USD inflation since 2021
Annual Rate, the Bureau of Labor Statistics CPI
Download
Buying power of $1,000 in 2040
This chart shows a calculation of buying power equivalence for $1,000 in 2021 (price index tracking began in 1635).
For example, if you started with $1,000, you would need to end with $509.28 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
Future inflation is estimated at -5.00%.
This table shows the results of the inflation prediction, with base values from the Bureau of Labor Statistics:
Dollar inflation: 2021-2040| Year | Dollar Value | Inflation Rate |
|---|
| 2021 | $1,000.00 | 4.70% |
| 2022 | $1,080.03 | 8.00% |
| 2023 | $1,124.49 | 4.12% |
| 2024 | $1,157.13 | 2.90% |
| 2025 | $1,099.27 | -5.00% |
| 2026 | $1,044.31 | -5.00% |
| 2027 | $992.10 | -5.00% |
| 2028 | $942.49 | -5.00% |
| 2029 | $895.37 | -5.00% |
| 2030 | $850.60 | -5.00% |
| 2031 | $808.07 | -5.00% |
| 2032 | $767.66 | -5.00% |
| 2033 | $729.28 | -5.00% |
| 2034 | $692.82 | -5.00% |
| 2035 | $658.18 | -5.00% |
| 2036 | $625.27 | -5.00% |
| 2037 | $594.00 | -5.00% |
| 2038 | $564.30 | -5.00% |
| 2039 | $536.09 | -5.00% |
| 2040 | $509.28 | -5.00% |
Click to show 13 more rows
Data source & citation
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Price index data from 1774 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society. Price index data from 1634 to 1773 is from the American Antiquarian Society, using British pound equivalents.
You may use the following MLA citation for this page: “2040 Inflation Prediction | Future Inflation Calculator.” Official Inflation Data, Alioth Finance, 15 May. 2024, https://www.officialdata.org/us/inflation/2021?endYear=2040&amount=1000&future_pct=-0.05.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
About the author
Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.
Email · LinkedIn · Twitter
FAQs
$1,000 in 2021 → $509.28 in 2040
The buying power of $1,000 in 2021 is predicted to be equivalent to $509.28 in 2040. This calculation is based on future inflation assumption of -5.00% per year. Use the calculator on the left to change this prediction.
How to calculate inflation rate between two years? ›
You will subtract the starting price (A) from the ending price (B) and divide it by the starting price (A). Then multiply the result by 100 to get the inflation rate percentage.
How much will 100 dollars be worth in 2040? ›
Buying power of $100 in 2040
| Year | Dollar Value | Inflation Rate |
|---|
| 2037 | $267.40 | 3.00% |
| 2038 | $275.42 | 3.00% |
| 2039 | $283.68 | 3.00% |
| 2040 | $292.19 | 3.00% |
37 more rowsPrediction: Value of £1,000 from 2020 to 2040
£1,000 in 2020 is equivalent in purchasing power to about £1,974.23 in 2040, an increase of £974.23 over 20 years.
What is the inflation rate calculator? ›
The Inflation Calculator utilizes historical Consumer Price Index (CPI) data from the U.S. to convert the purchasing power of the U.S. dollar in different years. Simply enter an amount and the year it pertains to, followed by the year the inflation-adjusted amount pertains to.
How much will $1 be worth in 20 years? ›
Real growth rates
| One time saving $1 (taxable account) | Every year saving $1 (taxable account) |
|---|
| After # years | Nominal value | Nominal value |
|---|
| 20 | 3.56 | 41.02 |
| 25 | 5.00 | 62.94 |
| 30 | 7.07 | 93.87 |
7 more rowsU.S. inflation rate for 2022 was 8.00%, a 3.3% increase from 2021. U.S. inflation rate for 2021 was 4.70%, a 3.46% increase from 2020. U.S. inflation rate for 2020 was 1.23%, a 0.58% decline from 2019.
How do you calculate inflation over a number of years? ›
5. Use the inflation formula
- Subtract B from T. Start by subtracting the earlier date CPI from the later date CPI (1.32 - 0.23 = 1.09)
- Divide by B. Then divide this number by the earlier date CPI to get a decimal point answer (1.09 / 0.23 = 4.74)
- Multiply by 100.
To calculate inflation in Excel, we use the formula: =InitialValue * (1 + InflationRate)^NumberOfYears . This formula multiplies the initial value by the inflation rate raised to the power of the number of years. Let's dive into the details of each variable and how to apply the formula in practice.
What will $1 m be worth in 40 years? ›
The value of the $1 million today is the value of $1 million discounted at the inflation rate of 3.2% for 40 years, i.e., 1 , 000 , 000 ( 1 + 3.2 % ) 40 = 283 , 669.15.
Over the years, that money can really add up: If you kept that money in a retirement account over 30 years and earned that average 6% return, for example, your $10,000 would grow to more than $57,000.
How much will $50000 be worth in 20 years? ›
After 20 years, your $50,000 would grow to $67,195.97. Assuming an annual return rate of 7%, investing $50,000 for 20 years can lead to a substantial increase in wealth.
How much will $100,000 be worth in 20 years? ›
The table below shows the present value (PV) of $100,000 paid in 20 years for interest rates from 2% to 30%. As you will see, the present value of $100,000 paid in 20 years can range from $526.18 to $67,297.13.
What will 100k be worth in 30 years? ›
Answer and Explanation: The amount of $100,000 will grow to $432,194.24 after 30 years at a 5% annual return. The amount of $100,000 will grow to $1,006,265.69 after 30 years at an 8% annual return.
How long will $100 000 dollars last? ›
Bottom Line. With $100,000 you should budget for a retirement income of around $5,000 to $8,000 on top of Social Security, depending on how you have invested your money. Much more than this will likely cause you to run out of money within 25 – 30 years, which is potentially within the lifespan of the average retiree.
How much will inflation be in 2050? ›
The dollar had an average inflation rate of 3.44% per year between 2020 and 2050, producing a cumulative price increase of 176.17%. The buying power of $50,000 in 2020 is predicted to be equivalent to $138,086.24 in 2050. This calculation is based on future inflation assumption of 3.22% per year.
What will be the value of $50,000 after 20 years? ›
Considering 9% returns, an investment of Rs 50,000 can fetch you Rs 2,80,220 in fd in 20 years. Many people even ensure to use the FD Calculator to correctly estimate how much they can earn after a certain time period based on the ROI.
What is the inflation forecast for the next 10 years? ›
The inflation rate in the United States is expected to decrease to 2.1 percent by 2028. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages.
What is 20 years average inflation? ›
20-Year Breakeven Inflation Rate is at 2.53%, compared to 2.45% last month and 2.47% last year. This is higher than the long term average of 2.23%.
