Austria Inflation Calculator

Result: €100 in 2020 → €127.15 in 2024


Money in Austria has lost 21% of its value since 2020

Updated: November 13, 2024

€100 in 2020 is equivalent in purchasing power to about €127.15 today, an increase of €27.15 over 4 years. The euro had an average inflation rate of 6.19% per year between 2020 and today, producing a cumulative price increase of 27.15%.

This means that today's prices are 1.27 times as high as average prices since 2020, according to the OECD and the World Bank consumer price index for Austria. A euro today only buys 78.647% of what it could buy back then.

The inflation rate in 2020 was 1.38%. The current inflation rate compared to the end of last year is now 5.52%. If this number holds, €100 today will be equivalent in buying power to €105.52 next year.


Inflation from 2020 to 2024
Cumulative price change27.15%
Average inflation rate6.19%
Converted amount
€100 base
€127.15
Price difference
€100 base
€27.15
CPI in 2020108.132
CPI in 2024137.487
Inflation in 20201.38%
Inflation in 20245.52%
€100 in 2020€127.15 in 2024

Austria inflation since 2020
Annual Rate, the OECD and the World Bank CPI
Download

Buying power of €100 in 2020

This chart shows a calculation of buying power equivalence for €100 in 2020 (price index tracking began in 1958).

For example, if you started with €100, you would need to end with €127.15 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When €100 is equivalent to €127.15 over time, that means that the "real value" of a single Austria euro decreases over time. In other words, a euro will pay for fewer items at the store.

This effect explains how inflation erodes the value of a euro over time. By calculating the value in 2020 dollars, the chart below shows how €100 is worth less over 4 years.

According to the OECD and the World Bank, each of these EUR amounts below is equal in terms of what it could buy at the time:

Euro inflation: 2020-2024
YearEuro ValueInflation Rate
2020€100.001.38%
2021€102.772.77%
2022€111.558.55%
2023€120.938.41%
2024€127.155.14%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 2020 amounts in today's euro, based on the 27.15% change in prices:

Conversion: 2020 euro today
Initial valueEquivalent value
€1 euro in 2020€1.27 euro today
€5 euro in 2020€6.36 euro today
€10 euro in 2020€12.71 euro today
€50 euro in 2020€63.57 euro today
€100 euro in 2020€127.15 euro today
€500 euro in 2020€635.74 euro today
€1,000 euro in 2020€1,271.48 euro today
€5,000 euro in 2020€6,357.40 euro today
€10,000 euro in 2020€12,714.80 euro today
€50,000 euro in 2020€63,574.02 euro today
€100,000 euro in 2020€127,148.04 euro today
€500,000 euro in 2020€635,740.18 euro today
€1,000,000 euro in 2020€1,271,480.36 euro today

How to calculate inflation rate for €100 since 2020

Our calculations use the following inflation rate formula to calculate the change in value between 2020 and today:

CPI today CPI in 2020
×
2020 EUR value
=
Today's value

Then plug in historical CPI values. The Austria CPI was 108.1317 in the year 2020 and 137.48733248335802 in 2024:

137.48733248335802108.1317
×
€100
=
€127.15

€100 in 2020 has the same "purchasing power" or "buying power" as €127.15 in 2024.

To get the total inflation rate for the 4 years between 2020 and 2024, we use the following formula:

CPI in 2024 - CPI in 2020CPI in 2020
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

137.48733248335802 - 108.1317108.1317
×
100
=
27%

Data source & citation

You may use the following MLA citation for this page: “Value of 2020 Euros today | Austria Inflation Calculator.” Official Inflation Data, Alioth Finance, 14 Nov. 2024, https://www.officialdata.org/austria/inflation/2020.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


Ian Webster

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.

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Inflation from 2020 to 2024
Cumulative price change27.15%
Average inflation rate6.19%
Converted amount
€100 base
€127.15
Price difference
€100 base
€27.15
CPI in 2020108.132
CPI in 2024137.487
Inflation in 20201.38%
Inflation in 20245.52%
€100 in 2020€127.15 in 2024