Calculator Comparison

Inflation Calculator vs Pay Raise Calculator

Not sure which calculator to use? Here's a side-by-side comparison of the Inflation Calculator and Pay Raise Calculator to help you pick the right one for your needs.

Inflation Calculator

Salary & Income

Calculate how inflation affects the purchasing power of your money over time using historical and projected inflation rates.

What you enter

Starting Amount
Annual Inflation Rate
Number of Years

What you get

Future Equivalent Value(primary)
Purchasing Power of Original Amount
Total Inflation Over Period

Includes visual line chart breakdown

Use Inflation Calculator

Pay Raise Calculator

Salary & Income

Calculate your new salary after a percentage or dollar-amount pay raise and see the impact on your monthly and hourly pay.

What you enter

Current Annual Salary
Raise Percentage

What you get

New Annual Salary(primary)
Annual Raise Amount
Monthly Increase
New Hourly Rate

Use Pay Raise Calculator

Key Differences

Feature	Inflation Calculator	Pay Raise Calculator
Category	Salary & Income	Salary & Income
Inputs	3 required fields	2 required fields
Outputs	3 results	4 results
Chart	line chart	No chart
FAQs	3 answered	3 answered

Input Comparison

Only in Inflation Calculator

Starting Amount
Annual Inflation Rate
Number of Years

Only in Pay Raise Calculator

Current Annual Salary
Raise Percentage

Which Calculator Should You Use?

Use the Inflation Calculator if you need to:

Calculate future equivalent value
When you know your starting amount and annual inflation rate
Want a visual line chart breakdown

Use the Pay Raise Calculator if you need to:

Calculate new annual salary
When you know your current annual salary and raise percentage

Frequently Asked Questions

What is the average inflation rate?

The long-term average US inflation rate is about 3% per year. Recent years have seen higher inflation (8-9% in 2022) followed by normalization. The Federal Reserve targets 2% annual inflation.

How does inflation affect my savings?

If your savings earn 2% interest but inflation is 3%, you're losing 1% in real purchasing power each year. $100,000 today would only buy $74,000 worth of goods in 10 years at 3% inflation.

What is a good pay raise?

The average annual raise is 3-5%. A raise above 5% is considered strong. Promotions typically come with 10-20% increases. If your raise is below inflation, your real purchasing power has decreased.

How often should I get a raise?

Most companies review compensation annually. You should expect a cost-of-living adjustment (2-4%) yearly and a merit increase for strong performance. If raises aren't offered, it's appropriate to negotiate annually.

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Bottom Line

Choose the Inflation Calculator if you need to calculate future equivalent value. Use the Pay Raise Calculator if you need to calculate new annual salary. Both calculators are free and require no sign-up.

Use Inflation Calculator Use Pay Raise Calculator

Feature

Inflation Calculator

Pay Raise Calculator

Use the Inflation Calculator if you need to:

Calculate future equivalent value
When you know your starting amount and annual inflation rate
Want a visual line chart breakdown

Use the Pay Raise Calculator if you need to:

Calculate new annual salary
When you know your current annual salary and raise percentage

Frequently Asked Questions

What is the average inflation rate?

The long-term average US inflation rate is about 3% per year. Recent years have seen higher inflation (8-9% in 2022) followed by normalization. The Federal Reserve targets 2% annual inflation.

How does inflation affect my savings?

If your savings earn 2% interest but inflation is 3%, you're losing 1% in real purchasing power each year. $100,000 today would only buy $74,000 worth of goods in 10 years at 3% inflation.

What is a good pay raise?

The average annual raise is 3-5%. A raise above 5% is considered strong. Promotions typically come with 10-20% increases. If your raise is below inflation, your real purchasing power has decreased.

How often should I get a raise?