v3.26.1
Shareholder Report
12 Months Ended
May 31, 2026
USD ($)
Holding
Shareholder Report [Line Items]  
Document Type N-CSR
Amendment Flag false
Registrant Name T. ROWE PRICE INFLATION PROTECTED BOND FUND, INC.
Entity Central Index Key 0001181628
Entity Investment Company Type N-1A
Document Period End Date May 31, 2026
Shareholder Report Annual or Semi-Annual Annual Shareholder Report
C000005526  
Shareholder Report [Line Items]  
Fund Name Inflation Protected Bond Fund
Class Name Investor Class
Trading Symbol PRIPX
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Inflation Protected Bond Fund (the "fund") for the period of June 1, 2025 to May 31, 2026.
Additional Information [Text Block] You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information atwww.troweprice.com/prospectus. You can also request this information without charge by contacting T. Rowe Price at 1‑800‑638‑5660 or info@troweprice.com or contacting your intermediary.
Material Fund Change Notice [Text Block]  
Additional Information Phone Number 1‑800‑638‑5660
Additional Information Email <span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">info@troweprice.com</span>
Additional Information Website www.troweprice.com/prospectus
Expenses [Text Block]

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Table Summary
 
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Inflation Protected Bond Fund - Investor Class
$42
0.41%
Expenses Paid, Amount $ 42
Expense Ratio, Percent 0.41%
Factors Affecting Performance [Text Block]

What drove fund performance during the past 12 months?

  • U.S. Treasury inflation protected securities (TIPS) generated positive performance for the 12-month reporting period as shorter-maturity break-even spreads generally ended tighter, while intermediate- and long-term spreads ended wider, and TIPS benefited from principal adjustments for inflation. Inflation remained above the Federal Reserve’s 2% target. 

  • The fund’s asset allocation contributed in aggregate to performance versus the style-specific Bloomberg U.S. TIPS Index. This was driven largely by small allocations outside the benchmark, particularly in the fund’s positions in the two-year and five-year zero-coupon inflation swaps, which added value during the period. The fund also benefited from choices made within its U.S. inflation-linked holdings.

  • Duration positioning weighed on relative performance. Although short-term Treasury yields declined as the Federal Reserve cut policy rates, intermediate- and longer-term yields rose over the period. The fund’s short duration stance during the summer and into the fourth quarter, when rates rallied, negatively impacted relative results. However, positioning across segments of the yield curve contributed positively, as the fund’s 5s30s steepener benefited from curve steepening over the period. Security selection also modestly contributed to results.

  • The fund seeks to provide inflation protection and income by investing primarily in inflation protected debt securities. At period-end, our non-TIPS allocations remained minimal as we maintained a strong preference for inflation-linked securities over credit sectors, which we believed offered less attractive risk-adjusted opportunities given the economic backdrop and persistent inflation risks

Performance Past Does Not Indicate Future [Text] The fund’s past performance is not a good predictor of the fund’s future performance.
Line Graph [Table Text Block]
A line chart as described in the following paragraph. 

Investor Class 12,667 
Regulatory Benchmark 11,836 
Strategy Benchmark 13,233
Table Summary
Investor Class
Regulatory Benchmark
Strategy Benchmark
2016
10,000
10,000
10,000
2016
10,244
10,232
10,250
2016
10,025
9,908
10,068
2017
10,136
10,008
10,191
2017
10,170
10,158
10,241
2017
10,221
10,283
10,297
2017
10,187
10,227
10,267
2018
10,113
10,059
10,172
2018
10,216
10,120
10,317
2018
10,286
10,175
10,383
2018
10,087
10,089
10,174
2019
10,286
10,378
10,366
2019
10,713
10,768
10,767
2019
11,077
11,210
11,157
2019
10,981
11,178
11,050
2020
11,373
11,590
11,482
2020
11,559
11,781
11,628
2020
12,076
11,936
12,160
2020
12,104
11,992
12,172
2021
12,084
11,750
12,153
2021
12,374
11,734
12,449
2021
12,748
11,925
12,835
2021
12,888
11,854
13,003
2022
12,716
11,440
12,890
2022
12,067
10,769
12,269
2022
11,831
10,552
12,068
2022
11,374
10,332
11,618
2023
11,300
10,328
11,549
2023
11,427
10,538
11,754
2023
11,258
10,426
11,624
2023
11,236
10,454
11,634
2024
11,433
10,671
11,840
2024
11,515
10,676
11,938
2024
11,893
11,187
12,342
2024
11,897
11,173
12,362
2025
12,116
11,291
12,593
2025
12,117
11,258
12,614
2025
12,432
11,538
12,946
2025
12,537
11,809
13,072
2026
12,681
11,998
13,231
2026
12,667
11,836
13,233
Average Annual Return [Table Text Block]
Table Summary
 
1 Year
5 Years
10 Years
Inflation Protected Bond Fund (Investor Class)
4.54%
0.47%
2.39%
Bloomberg U.S. Aggregate Bond Index (Regulatory Benchmark)
5.13
0.17
1.70
Bloomberg U.S. TIPS Index (Strategy Benchmark)
4.90
1.23
2.84
No Deduction of Taxes [Text Block] Neither the fund’s returns nor the index returns reflect the deduction of taxes that a shareholder would pay on fund distributions or redemptions of fund shares.
Updated Performance Information Location [Text Block] Updated performance information can be found at www.troweprice.com.
Distribution of Capital [Text Block] The fund's total return figures reflect the reinvestment of dividends and capital gains, if any.
AssetsNet $ 576,763,000
Holdings Count | Holding 52
Advisory Fees Paid, Amount $ 221,000
InvestmentCompanyPortfolioTurnover 24.30%
Additional Fund Statistics Significance or Limits [Text Block]

What are some fund statistics?

Fund Statistics

  • Total Net Assets (000s)$576,763
  • Number of Portfolio Holdings52
Holdings [Text Block]
Table Summary
U.S. Government Agency Obligations (Excluding Mortgage-Backed)
99.5%
Non-U.S. Government Mortgage-Backed Securities
0.0
Short-Term and Other
0.5
Largest Holdings [Text Block]
Table Summary
U.S. Treasury Inflation-Indexed Notes
86.1%
U.S. Treasury Inflation-Indexed Bonds
13.4
GS Mortgage-Backed Securities Trust
0.0
Material Fund Change [Text Block]
Updated Prospectus Web Address www.troweprice.com/paperless
C000166332  
Shareholder Report [Line Items]  
Fund Name Inflation Protected Bond Fund
Class Name I Class
Trading Symbol TIIPX
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Inflation Protected Bond Fund (the "fund") for the period of June 1, 2025 to May 31, 2026.
Additional Information [Text Block] You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information atwww.troweprice.com/prospectus. You can also request this information without charge by contacting T. Rowe Price at 1‑800‑638‑5660 or info@troweprice.com or contacting your intermediary.
Material Fund Change Notice [Text Block]  
Additional Information Phone Number 1‑800‑638‑5660
Additional Information Email <span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">info@troweprice.com</span>
Additional Information Website www.troweprice.com/prospectus
Expenses [Text Block]

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Table Summary
 
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Inflation Protected Bond Fund - I Class
$23
0.22%
Expenses Paid, Amount $ 23
Expense Ratio, Percent 0.22%
Factors Affecting Performance [Text Block]

What drove fund performance during the past 12 months?

  • U.S. Treasury inflation protected securities (TIPS) generated positive performance for the 12-month reporting period as shorter-maturity break-even spreads generally ended tighter, while intermediate- and long-term spreads ended wider, and TIPS benefited from principal adjustments for inflation. Inflation remained above the Federal Reserve’s 2% target. 

  • The fund’s asset allocation contributed in aggregate to performance versus the style-specific Bloomberg U.S. TIPS Index. This was driven largely by small allocations outside the benchmark, particularly in the fund’s positions in the two-year and five-year zero-coupon inflation swaps, which added value during the period. The fund also benefited from choices made within its U.S. inflation-linked holdings.

  • Duration positioning weighed on relative performance. Although short-term Treasury yields declined as the Federal Reserve cut policy rates, intermediate- and longer-term yields rose over the period. The fund’s short duration stance during the summer and into the fourth quarter, when rates rallied, negatively impacted relative results. However, positioning across segments of the yield curve contributed positively, as the fund’s 5s30s steepener benefited from curve steepening over the period. Security selection also modestly contributed to results.

  • The fund seeks to provide inflation protection and income by investing primarily in inflation protected debt securities. At period-end, our non-TIPS allocations remained minimal as we maintained a strong preference for inflation-linked securities over credit sectors, which we believed offered less attractive risk-adjusted opportunities given the economic backdrop and persistent inflation risks

Performance Past Does Not Indicate Future [Text] The fund’s past performance is not a good predictor of the fund’s future performance.
Line Graph [Table Text Block]
A line chart as described in the following paragraph. 

I Class 644,557 
Regulatory Benchmark 591,821 
Strategy Benchmark 661,626
Table Summary
I Class
Regulatory Benchmark
Strategy Benchmark
2016
500,000
500,000
500,000
2016
512,195
511,616
512,509
2016
501,682
495,403
503,403
2017
506,776
500,416
509,525
2017
508,906
507,893
512,045
2017
511,887
514,136
514,871
2017
510,609
511,326
513,331
2018
506,724
502,944
508,598
2018
512,091
505,990
515,835
2018
516,325
508,741
519,125
2018
506,130
504,464
508,714
2019
516,331
518,886
518,308
2019
537,973
538,376
538,340
2019
556,923
560,492
557,853
2019
552,347
558,902
552,508
2020
572,269
579,506
574,084
2020
581,898
589,067
581,421
2020
608,059
596,775
607,990
2020
609,441
599,611
608,584
2021
608,924
587,524
607,652
2021
623,924
586,682
622,440
2021
643,144
596,272
641,768
2021
650,175
592,695
650,172
2022
642,056
571,989
644,496
2022
609,434
538,444
613,439
2022
597,572
527,606
603,402
2022
574,992
516,596
580,888
2023
571,268
516,381
577,473
2023
577,651
526,907
587,700
2023
569,673
521,310
581,218
2023
568,858
522,690
581,706
2024
579,113
533,562
591,996
2024
583,900
533,786
596,884
2024
603,153
559,349
617,101
2024
603,653
558,625
618,108
2025
615,067
564,552
629,637
2025
615,386
562,924
630,699
2025
631,688
576,891
647,302
2025
637,334
590,474
653,618
2026
644,957
599,896
661,527
2026
644,557
591,821
661,626
Average Annual Return [Table Text Block]
Table Summary
 
1 Year
5 Years
10 Years
Inflation Protected Bond Fund (I Class)
4.74%
0.65%
2.57%
Bloomberg U.S. Aggregate Bond Index (Regulatory Benchmark)
5.13
0.17
1.70
Bloomberg U.S. TIPS Index (Strategy Benchmark)
4.90
1.23
2.84
No Deduction of Taxes [Text Block] Neither the fund’s returns nor the index returns reflect the deduction of taxes that a shareholder would pay on fund distributions or redemptions of fund shares.
Updated Performance Information Location [Text Block] Updated performance information can be found at www.troweprice.com.
Distribution of Capital [Text Block] The fund's total return figures reflect the reinvestment of dividends and capital gains, if any.
AssetsNet $ 576,763,000
Holdings Count | Holding 52
Advisory Fees Paid, Amount $ 221,000
InvestmentCompanyPortfolioTurnover 24.30%
Additional Fund Statistics Significance or Limits [Text Block]

What are some fund statistics?

Fund Statistics

  • Total Net Assets (000s)$576,763
  • Number of Portfolio Holdings52
Holdings [Text Block]
Table Summary
U.S. Government Agency Obligations (Excluding Mortgage-Backed)
99.5%
Non-U.S. Government Mortgage-Backed Securities
0.0
Short-Term and Other
0.5
Largest Holdings [Text Block]
Table Summary
U.S. Treasury Inflation-Indexed Notes
86.1%
U.S. Treasury Inflation-Indexed Bonds
13.4
GS Mortgage-Backed Securities Trust
0.0
Material Fund Change [Text Block]
Updated Prospectus Web Address www.troweprice.com/paperless
C000225818  
Shareholder Report [Line Items]  
Fund Name Inflation Protected Bond Fund
Class Name Z Class
Trading Symbol TRZHX
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about Inflation Protected Bond Fund (the "fund") for the period of June 1, 2025 to May 31, 2026.
Additional Information [Text Block] You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information atwww.troweprice.com/prospectus. You can also request this information without charge by contacting T. Rowe Price at 1‑800‑638‑5660 or info@troweprice.com or contacting your intermediary.
Material Fund Change Notice [Text Block]  
Additional Information Phone Number 1‑800‑638‑5660
Additional Information Email <span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify; text-align-last: left; white-space-collapse: preserve-breaks;">info@troweprice.com</span>
Additional Information Website www.troweprice.com/prospectus
Expenses [Text Block]

What were the fund costs for the last year? (based on a hypothetical $10,000 investment)

Table Summary
 
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Inflation Protected Bond Fund - Z Class
$0
0.00%
Expenses Paid, Amount $ 0
Expense Ratio, Percent 0.00%
Factors Affecting Performance [Text Block]

What drove fund performance during the past 12 months?

  • U.S. Treasury inflation protected securities (TIPS) generated positive performance for the 12-month reporting period as shorter-maturity break-even spreads generally ended tighter, while intermediate- and long-term spreads ended wider, and TIPS benefited from principal adjustments for inflation. Inflation remained above the Federal Reserve’s 2% target. 

  • The fund’s asset allocation contributed in aggregate to performance versus the style-specific Bloomberg U.S. TIPS Index. This was driven largely by small allocations outside the benchmark, particularly in the fund’s positions in the two-year and five-year zero-coupon inflation swaps, which added value during the period. The fund also benefited from choices made within its U.S. inflation-linked holdings.

  • Duration positioning weighed on relative performance. Although short-term Treasury yields declined as the Federal Reserve cut policy rates, intermediate- and longer-term yields rose over the period. The fund’s short duration stance during the summer and into the fourth quarter, when rates rallied, negatively impacted relative results. However, positioning across segments of the yield curve contributed positively, as the fund’s 5s30s steepener benefited from curve steepening over the period. Security selection also modestly contributed to results.

  • The fund seeks to provide inflation protection and income by investing primarily in inflation protected debt securities. At period-end, our non-TIPS allocations remained minimal as we maintained a strong preference for inflation-linked securities over credit sectors, which we believed offered less attractive risk-adjusted opportunities given the economic backdrop and persistent inflation risks

Performance Past Does Not Indicate Future [Text] The fund’s past performance is not a good predictor of the fund’s future performance.
Line Graph [Table Text Block]
A line chart as described in the following paragraph. 

Z Class 10,697 
Regulatory Benchmark 10,062 
Strategy Benchmark 10,882
Table Summary
Z Class
Regulatory Benchmark
Strategy Benchmark
2/22/21
10,000
10,000
10,000
2/28/21
9,992
9,989
9,994
5/31/21
10,239
9,975
10,237
8/31/21
10,564
10,138
10,555
11/30/21
10,687
10,077
10,693
2/28/22
10,555
9,725
10,600
5/31/22
10,024
9,154
10,089
8/31/22
9,837
8,970
9,924
11/30/22
9,477
8,783
9,554
2/28/23
9,415
8,779
9,498
5/31/23
9,529
8,958
9,666
8/31/23
9,397
8,863
9,559
11/30/23
9,395
8,887
9,567
2/29/24
9,561
9,071
9,736
5/31/24
9,642
9,075
9,817
8/31/24
9,973
9,510
10,149
11/30/24
9,985
9,498
10,166
2/28/25
10,180
9,598
10,355
5/31/25
10,191
9,571
10,373
8/31/25
10,467
9,808
10,646
11/30/25
10,565
10,039
10,750
2/28/26
10,698
10,199
10,880
5/31/26
10,697
10,062
10,882
Average Annual Return [Table Text Block]
Table Summary
 
1 Year
5 Years
Since Inception 2/22/21
Inflation Protected Bond Fund (Z Class)
4.97%
0.88%
1.29%
Bloomberg U.S. Aggregate Bond Index (Regulatory Benchmark)
5.13
0.17
0.12
Bloomberg U.S. TIPS Index (Strategy Benchmark)
4.90
1.23
1.62
Performance Inception Date Feb. 22, 2021
No Deduction of Taxes [Text Block] Neither the fund’s returns nor the index returns reflect the deduction of taxes that a shareholder would pay on fund distributions or redemptions of fund shares.
Updated Performance Information Location [Text Block] Updated performance information can be found at www.troweprice.com.
Distribution of Capital [Text Block] The fund's total return figures reflect the reinvestment of dividends and capital gains, if any.
AssetsNet $ 576,763,000
Holdings Count | Holding 52
Advisory Fees Paid, Amount $ 221,000
InvestmentCompanyPortfolioTurnover 24.30%
Additional Fund Statistics Significance or Limits [Text Block]

What are some fund statistics?

Fund Statistics

  • Total Net Assets (000s)$576,763
  • Number of Portfolio Holdings52
Holdings [Text Block]
Table Summary
U.S. Government Agency Obligations (Excluding Mortgage-Backed)
99.5%
Non-U.S. Government Mortgage-Backed Securities
0.0
Short-Term and Other
0.5
Largest Holdings [Text Block]
Table Summary
U.S. Treasury Inflation-Indexed Notes
86.1%
U.S. Treasury Inflation-Indexed Bonds
13.4
GS Mortgage-Backed Securities Trust
0.0
Material Fund Change [Text Block]
Updated Prospectus Web Address www.troweprice.com/paperless