How do you use this inflation calculator?
The calculator works on Statistics Canada’s all-items Consumer Price Index (CPI) for Canada, from 1914 to the latest release. Every index value comes from the official tables, and the sources box on this page shows when they were last checked.
- Choose what to adjust. Pick “An amount of money” to convert a price, a savings balance or a bill, or “Pay: did it keep up?” to compare two salaries or hourly wages.
- Choose what to compare with. “Another year” uses annual-average CPI for both years. “The latest month of CPI data” compares with the newest monthly release. “A future year” projects forward at an inflation rate you assume.
- Enter the amount and years. Type the dollar amount and the starting year. The end year can be later (what the money is worth now) or earlier (what today’s amount would have been back then).
- Read the result. The summary gives the answer first; the cards show the value, the cumulative inflation, the average inflation per year and what one dollar still buys.
- Check the tables. The year-by-year table shows the CPI and inflation for every year in your range, the decade table puts your period in context, and the monthly table shows the latest inflation rate. Download the CSV for the year-by-year figures.
What is $100 from 2000 worth today? A worked example
Take $100 in 2000, converted to 2025 dollars. These are the calculator’s default inputs.
| Step | Figure |
|---|---|
| CPI in 2000 (annual average, 2002=100) | 95.4 |
| CPI in 2025 (annual average) | 164.2 |
| Price ratio | 1.7212 |
| Value in 2025 dollars | $172.12 |
| Cumulative inflation | 72.1% |
| Average inflation per year | 2.2% |
| What $1 from 2000 buys in 2025 | $0.58 |
So something that cost $100 in 2000 cost about $172 in 2025, and a dollar kept in a drawer since 2000 buys only about 58 cents worth of 2000 goods. The average rate of 2.2% a year sits inside the Bank of Canada’s 1% to 3% target range.
Switch “Compare with” to the latest month and the end point becomes August 2026, the newest CPI release. The same $100 from 2000 is then worth $177.99, because prices kept rising after 2025.
What is the inflation rate in Canada right now?
Statistics Canada reported that the all-items CPI rose 3% in the 12 months to August 2026, matching the pace in July. That is the headline “inflation rate” in the news: one month compared with the same month a year earlier. The next release, with September data, is scheduled for October 19, 2026.
How to read this table: each row is Statistics Canada's monthly all-items index for Canada, not seasonally adjusted. The 12-month inflation rate for a month is its CPI divided by the CPI for the same month a year earlier, minus one.
| Month | CPI |
|---|---|
| 2024-08 | 161.8 |
| 2024-09 | 161.1 |
| 2024-10 | 161.8 |
| 2024-11 | 161.8 |
| 2024-12 | 161.2 |
| 2025-01 | 161.3 |
| 2025-02 | 163 |
| 2025-03 | 163.5 |
| 2025-04 | 163.4 |
| 2025-05 | 164.3 |
| 2025-06 | 164.4 |
| 2025-07 | 164.9 |
| 2025-08 | 164.8 |
| 2025-09 | 164.9 |
| 2025-10 | 165.3 |
| 2025-11 | 165.4 |
| 2025-12 | 165 |
| 2026-01 | 165 |
| 2026-02 | 165.9 |
| 2026-03 | 167.4 |
| 2026-04 | 168 |
| 2026-05 | 169.6 |
| 2026-06 | 169 |
| 2026-07 | 169.9 |
| 2026-08 | 169.8 |
Source: Consumer Price Index, annual average, not seasonally adjusted — Table 18-10-0005-01; Table 18-10-0005-01 data download, Canada, all-items, 1914 to 2025 (first year); Table 18-10-0005-01 data download, Canada, all-items, 1914 to 2025 (latest two years); Table 18-10-0004-01 data download, Canada, all-items, monthly, August 2024 to August 2026; Table 18-10-0004-01 data download, Canada, all-items, monthly (latest month); The Daily — Consumer Price Index, August 2026; The Daily — Consumer Price Index, August 2026 (next release); Bank of Canada — Inflation Calculator (method and data series); Bank of Canada — Inflation Calculator (data source); Bank of Canada — Inflation (inflation-control target). In effect from September 14, 2026; checked September 30, 2026.
Worked from the index levels, August 2026 against August 2025 gives 3.03%, which Statistics Canada rounds and publishes as 3%. A year earlier, August 2025 against August 2024 was 1.85%. The calculator’s monthly table shows this 12-month change for each of the last 13 months. The Bank of Canada aims to keep this year-over-year rate at the 2% midpoint of its target range.
How much has inflation been in Canada by decade?
Canada’s inflation history is uneven. Prices fell in the early 1920s and again in the early 1930s, rose steadily through the 1950s and 1960s, jumped in the 1970s and early 1980s, and then settled close to the Bank of Canada’s target from the 1990s on. The table compares the annual-average CPI in the first and last year of each decade.
| Decade | CPI at start | CPI at end | Price change | Average per year | $100 at the start is worth at the end |
|---|---|---|---|---|---|
| 1920s (1920→1930) | 11.4 | 9.1 | −20.2% | −2.23% | $79.82 |
| 1930s (1930→1940) | 9.1 | 8.0 | −12.1% | −1.28% | $87.91 |
| 1940s (1940→1950) | 8.0 | 12.5 | +56.3% | +4.56% | $156.25 |
| 1950s (1950→1960) | 12.5 | 15.5 | +24.0% | +2.17% | $124.00 |
| 1960s (1960→1970) | 15.5 | 20.3 | +31.0% | +2.73% | $130.97 |
| 1970s (1970→1980) | 20.3 | 44.0 | +116.7% | +8.04% | $216.75 |
| 1980s (1980→1990) | 44.0 | 78.4 | +78.2% | +5.95% | $178.18 |
| 1990s (1990→2000) | 78.4 | 95.4 | +21.7% | +1.98% | $121.68 |
| 2000s (2000→2010) | 95.4 | 116.5 | +22.1% | +2.02% | $122.12 |
| 2010s (2010→2020) | 116.5 | 137.0 | +17.6% | +1.63% | $117.60 |
| 2020→2025 (five years) | 137.0 | 164.2 | +19.9% | +3.69% | $119.85 |
Two things stand out. The 1970s more than doubled prices in ten years, which is why savings and fixed pensions from that era lost so much value. And the five years from 2020 to 2025 averaged 3.69% a year, well above any full decade since the 1980s, driven by the jump in 2022, when the annual-average CPI rose 6.78%.
What is $100 from past years worth in 2025 dollars?
This is the quick-reference version of the calculator: the value in 2025 dollars of $100 from a range of starting years, using annual averages.
| Starting year | CPI that year | $100 in 2025 dollars | Total inflation to 2025 | Average per year |
|---|---|---|---|---|
| 1950 | 12.5 | $1,313.60 | +1,213.6% | 3.49% |
| 1970 | 20.3 | $808.87 | +708.9% | 3.87% |
| 1980 | 44.0 | $373.18 | +273.2% | 2.97% |
| 1990 | 78.4 | $209.44 | +109.4% | 2.13% |
| 2000 | 95.4 | $172.12 | +72.1% | 2.20% |
| 2010 | 116.5 | $140.94 | +40.9% | 2.31% |
| 2015 | 126.6 | $129.70 | +29.7% | 2.63% |
| 2020 | 137.0 | $119.85 | +19.9% | 3.69% |
| 2024 | 160.9 | $102.05 | +2.1% | 2.05% |
Read across a row to see how the total and the yearly average relate: a modest-looking yearly rate compounds into a large total over decades. For amounts other than $100, scale the value column in proportion, or type the amount into the calculator.
Did your pay keep up with inflation?
A raise keeps up with inflation only if the new pay is at least the old pay multiplied by the CPI ratio between the two years. The pay option runs that check. Take a salary of $60,000 in 2019 that had grown to $70,000 by 2025.
- The CPI went from 136.0 (2019) to 164.2 (2025), a ratio of 1.2074.
- Keeping the same buying power needed $72,441 in 2025.
- The raise was 16.7% before inflation, but pay ended $2,441 short of the inflation-matched figure: a real change of −3.4%.
In other words, a raise that looks generous on paper still left this worker with less buying power than in 2019, because prices rose 20.7% over the same six years. To see how a salary compares with what Canadians typically earn, the average salary in Canada by province guide uses Statistics Canada’s earnings data. Income tax matters too: Canadian tax brackets are indexed to inflation each year, but a raise can still move more of your income into a higher bracket.
How much will things cost in the future?
For future years there is no CPI yet, so the calculator grows today’s amount at an inflation rate you choose. With $100 of spending today and 2% inflation a year for 20 years, the same goods would cost $148.59, and $100 kept as cash would buy only $67.30 of today’s goods.
The table shows how much the assumed rate matters for $1,000 of today’s spending.
| Inflation per year | In 10 years | In 20 years | In 30 years |
|---|---|---|---|
| 1% | $1,104.62 | $1,220.19 | $1,347.85 |
| 2% | $1,218.99 | $1,485.95 | $1,811.36 |
| 3% | $1,343.92 | $1,806.11 | $2,427.26 |
| 4% | $1,480.24 | $2,191.12 | $3,243.40 |
| 5% | $1,628.89 | $2,653.30 | $4,321.94 |
The Bank of Canada’s target midpoint is a common starting assumption, and the calculator also shows what the CPI actually averaged over a recent period of the same length for comparison. For retirement planning, where costs stretch over decades, the gap between rows adds up quickly; the retirement income optimizer builds inflation into income over a whole retirement. Some government benefits already adjust for it: OAS payment amounts are reviewed every quarter against the CPI, and the TFSA contribution limit is indexed to inflation.
How does the calculator do the maths?
Value in another year. The amount × the CPI in the end year ÷ the CPI in the starting year. This is the same formula the Bank of Canada calculator uses. Going backwards in time works the same way: the ratio is below one, so the amount shrinks.
Cumulative inflation. The CPI ratio minus one: how much the price of the same basket changed from the earlier point to the later one.
Average inflation per year. The ratio raised to the power of one divided by the number of years, minus one. This is a compound rate, so applying it every year for the whole period gives back the cumulative change. Annual averages are treated as mid-year values, so the latest-month option measures the span from the middle of the starting year to the middle of that month.
Pay option. The pay needed to keep up is the starting pay × the CPI ratio. The real change is the actual pay ÷ that figure, minus one.
Future option. Today’s amount × (1 + the assumed rate) raised to the number of years. What today’s amount still buys is the amount divided by the same factor.
The CPI values are Statistics Canada’s all-items index for Canada, 2002=100: annual averages from Table 18-10-0005-01 and the latest months from Table 18-10-0004-01. The methodology page lists the checks behind every calculator on the site.
How is this different from the Bank of Canada inflation calculator?
The Bank of Canada inflation calculator is the best-known tool and uses the same Statistics Canada CPI. The difference is which CPI values it picks. The Bank’s tool takes the monthly series and compares the most recent month available in both years, for example August 2000 with August 2025. This calculator uses the annual average for each year by default, and offers the latest month as the end point.
| Feature | Bank of Canada calculator | This calculator |
|---|---|---|
| CPI values used | The same month in both years (the latest month published) | Annual averages, or annual average to the latest month |
| Formula | Amount × CPI end ÷ CPI start | Same |
| Average yearly inflation | Shown | Shown, plus a year-by-year table and a decade table |
| Pay comparison | Not included | Pay needed to keep up and the real raise or cut |
| Future years | Not included | Projection at an assumed rate, compared with the target |
Because a single month can be pushed up or down by seasonal prices, the two answers are usually close but not identical. Neither is wrong: annual averages suit things that applied across a whole year, such as a salary or an annual rent, and the same-month method suits a price you know from a specific month.
Common mistakes when adjusting for inflation
- Adding up yearly rates instead of compounding them. Ten years of inflation at a steady rate add up to more than ten times that rate, because each year’s rise applies to prices that already rose.
- Comparing a single month with an annual figure without noticing. A price from one month of a year can differ from that year’s average by a noticeable amount. Pick the option that matches how the original figure was measured.
- Treating the CPI as your personal inflation rate. The all-items index is an average basket. Rent, childcare or commuting costs can rise much faster than the average.
- Ignoring tax and interest. Money in a savings account earns interest, which offsets some inflation, but interest outside a TFSA or RRSP is taxable. The GIC calculator shows an inflation-adjusted result after tax, and high-interest savings accounts compared shows today’s savings rates.
- Using an old year as “today”. The latest annual average is for 2025. For a figure closer to today’s prices, compare with the latest month.
- Calling a raise a raise before checking the CPI. A pay increase below the inflation rate is a real pay cut, even though the number went up.
Canada CPI by year, 1914 to 2025
The full annual-average series the calculator uses, straight from Statistics Canada’s Table 18-10-0005-01. To convert between any two years by hand, divide the later year’s value by the earlier year’s value and multiply your amount by the result.
How to read this table: each value is the average of the twelve monthly index levels for that year. 2002 equals 100, so a value of 50 means prices were half the 2002 level.
| Year | CPI |
|---|---|
| 1914 | 6 |
| 1915 | 6.1 |
| 1916 | 6.7 |
| 1917 | 7.9 |
| 1918 | 8.9 |
| 1919 | 9.8 |
| 1920 | 11.4 |
| 1921 | 10 |
| 1922 | 9.2 |
| 1923 | 9.2 |
| 1924 | 9 |
| 1925 | 9.1 |
| 1926 | 9.2 |
| 1927 | 9.1 |
| 1928 | 9.1 |
| 1929 | 9.2 |
| 1930 | 9.1 |
| 1931 | 8.2 |
| 1932 | 7.5 |
| 1933 | 7.1 |
| 1934 | 7.2 |
| 1935 | 7.3 |
| 1936 | 7.4 |
| 1937 | 7.7 |
| 1938 | 7.7 |
| 1939 | 7.7 |
| 1940 | 8 |
| 1941 | 8.5 |
| 1942 | 8.8 |
| 1943 | 9 |
| 1944 | 9.1 |
| 1945 | 9.2 |
| 1946 | 9.4 |
| 1947 | 10.3 |
| 1948 | 11.8 |
| 1949 | 12.2 |
| 1950 | 12.5 |
| 1951 | 13.8 |
| 1952 | 14.2 |
| 1953 | 14 |
| 1954 | 14.1 |
| 1955 | 14.1 |
| 1956 | 14.3 |
| 1957 | 14.8 |
| 1958 | 15.2 |
| 1959 | 15.3 |
| 1960 | 15.5 |
| 1961 | 15.7 |
| 1962 | 15.9 |
| 1963 | 16.1 |
| 1964 | 16.4 |
| 1965 | 16.8 |
| 1966 | 17.5 |
| 1967 | 18.1 |
| 1968 | 18.8 |
| 1969 | 19.7 |
| 1970 | 20.3 |
| 1971 | 20.9 |
| 1972 | 21.9 |
| 1973 | 23.6 |
| 1974 | 26.2 |
| 1975 | 29 |
| 1976 | 31.1 |
| 1977 | 33.6 |
| 1978 | 36.6 |
| 1979 | 40 |
| 1980 | 44 |
| 1981 | 49.5 |
| 1982 | 54.9 |
| 1983 | 58.1 |
| 1984 | 60.6 |
| 1985 | 63 |
| 1986 | 65.6 |
| 1987 | 68.5 |
| 1988 | 71.2 |
| 1989 | 74.8 |
| 1990 | 78.4 |
| 1991 | 82.8 |
| 1992 | 84 |
| 1993 | 85.6 |
| 1994 | 85.7 |
| 1995 | 87.6 |
| 1996 | 88.9 |
| 1997 | 90.4 |
| 1998 | 91.3 |
| 1999 | 92.9 |
| 2000 | 95.4 |
| 2001 | 97.8 |
| 2002 | 100 |
| 2003 | 102.8 |
| 2004 | 104.7 |
| 2005 | 107 |
| 2006 | 109.1 |
| 2007 | 111.5 |
| 2008 | 114.1 |
| 2009 | 114.4 |
| 2010 | 116.5 |
| 2011 | 119.9 |
| 2012 | 121.7 |
| 2013 | 122.8 |
| 2014 | 125.2 |
| 2015 | 126.6 |
| 2016 | 128.4 |
| 2017 | 130.4 |
| 2018 | 133.4 |
| 2019 | 136 |
| 2020 | 137 |
| 2021 | 141.6 |
| 2022 | 151.2 |
| 2023 | 157.1 |
| 2024 | 160.9 |
| 2025 | 164.2 |
Source: Consumer Price Index, annual average, not seasonally adjusted — Table 18-10-0005-01; Table 18-10-0005-01 data download, Canada, all-items, 1914 to 2025 (first year); Table 18-10-0005-01 data download, Canada, all-items, 1914 to 2025 (latest two years); Table 18-10-0004-01 data download, Canada, all-items, monthly, August 2024 to August 2026; Table 18-10-0004-01 data download, Canada, all-items, monthly (latest month); The Daily — Consumer Price Index, August 2026; The Daily — Consumer Price Index, August 2026 (next release); Bank of Canada — Inflation Calculator (method and data series); Bank of Canada — Inflation Calculator (data source); Bank of Canada — Inflation (inflation-control target). In effect from September 14, 2026; checked September 30, 2026.
When is it worth talking to a professional?
A calculator handles the arithmetic, not the plan. Consider a fee-only financial planner when you are setting a retirement income target that must last decades, deciding how much of your savings to hold in cash or GICs against investments, or negotiating a pension or settlement with an indexing clause. For pay negotiations, an employment adviser or union representative can help interpret a cost-of-living clause. This page is education, not advice, and the figures above are estimates based on the average Canadian basket and the inputs you enter. For growth rather than price comparisons, the compound interest calculator shows how savings and investments grow over the same horizons.