$100 in 2024 is equivalent in purchasing power to about $215.66 in 2050, an increase of $115.66 over 26 years. The dollar had an average inflation rate of 3.00% per year between 2024 and 2050, producing a cumulative price increase of 115.66%. The buying power of $100 in 2024 is predicted to be equivalent to $215.66 in 2050.
This calculation is based on future inflation assumption of 3.00% per year. Use the calculator on the left to change this prediction. Or, use the annual inflation rate calculator to view inflation in the past.
Cumulative price change | 115.66% |
Average inflation rate | 3.00% |
Converted amount $100 base | $215.66 |
Price difference $100 base | $115.66 |
CPI in 2024 | 135.300 |
Inflation in 2024 | 1.05% |
$100 in 2024 | $215.66 in 2050 |
This chart shows a calculation of buying power equivalence for $100 in 2024 (price index tracking began in 1922).
For example, if you started with $100, you would need to end with $215.66 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
Future inflation is estimated at 3.00%.When $100 is equivalent to $215.66 over time, that means that the "real value" of a single Australian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 2024 dollars, the chart below shows how $100 is worth less over 26 years.
This table shows the results of the inflation prediction, with base values from the Bureau of Statistics:
Raw data for these calculations comes from the government of Australia's annual (CPI) as provided by the Reserve Bank of Australia. The consumer price index was established in 1922 and is tracked by Australian Bureau of Statistics (ABS).
You may use the following MLA citation for this page: “2050 Inflation Prediction | Future Australia Inflation Calculator.” Official Inflation Data, Alioth Finance, 14 Nov. 2024, https://www.officialdata.org/predict-Australia-inflation.
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.
Cumulative price change | 115.66% |
Average inflation rate | 3.00% |
Converted amount $100 base | $215.66 |
Price difference $100 base | $115.66 |
CPI in 2024 | 135.300 |
Inflation in 2024 | 1.05% |
$100 in 2024 | $215.66 in 2050 |