Inflation Calculator India
Ever wonder what ₹1 Lakh from 2010 is worth today? Or how much your ₹50 Lakh savings will be worth in 2040? Use our free inflation calculator to see how the value of your money changes over time.
What is ₹1 Lakh from 2010 worth today?
A common question people have is understanding the value of money over time. For example, if you had ₹1,00,000 in 2010, what would its purchasing power be today? Using an average inflation rate of 6%, that ₹1 Lakh from 2010 would be equivalent to over ₹2.1 Lakhs today. This means you would need more than double the amount of money to buy the same things.
Understanding the Results
- Future Value: This shows how much money you'll need in the future to buy the same goods or services you can buy with a certain amount today. For example, a car that costs ₹10 Lakhs today might cost ₹18 Lakhs in 10 years.
- Past Value: This shows the historical value of money. For instance, if your parents bought a house for ₹5 Lakhs in 1995, this calculator can estimate what that amount would be equivalent to today.
- Purchasing Power: This shows the percentage decrease in the value of your money. A 50% decrease means your money can only buy half of what it used to.
Frequently Asked Questions
Disclaimer: This calculator provides estimates based on the provided inputs and should be used for informational purposes only. It is not financial advice.