Inflation Calculator
See how the value of money has changed over time. Historical CPI data for US (1960–2024) and India (1995–2024).
$1,000 in 2000 is equivalent to
$1,825
in 2024
Total inflation
+82.5%
Avg annual rate
2.54%/yr
Purchasing power
Lost 45.2%
Purchasing Power of $1,000 Over Time
Historical context
$1,000 in 1960= $10,615 in 2024
$1,000 in 1992= $2,239 in 2024
Frequently Asked Questions
- What is CPI?
- CPI (Consumer Price Index) measures the average price of a basket of goods and services over time. When CPI rises, each rupee or dollar buys less — that's inflation.
- How accurate is this data?
- US data is from the Bureau of Labor Statistics (BLS). India data is from the Ministry of Statistics (MoSPI). Both are official government sources, accurate to the annual average.
- What does 'purchasing power lost' mean?
- If ₹1,000 in 2000 is equivalent to ₹4,500 in 2024, you've 'lost' purchasing power — your original ₹1,000 would buy far less today. It means you'd need ₹4,500 to buy what ₹1,000 bought in 2000.
- Is this tool free?
- Yes, 100% free. All calculations run in your browser using baked-in CPI data — no API calls, works offline.
- Does it work on mobile?
- Yes, works on all modern browsers including mobile.