£100 in 1758 → £15,661.90 in 2013

UK Inflation Calculator

£

UK Inflation Rate, 1758-2013 (£100)

According to the Office for National Statistics composite price index, the pound experienced an average inflation rate of 2.00% per year. Prices in 2013 are 15561.9% higher than prices in 1758.

In other words, £100 in the year 1758 is equivalent in purchasing power to £15,661.90 in 2013, a difference of £15,561.90 over 255 years.

The inflation rate in 2013 was 3.04%.

Inflation from 1758 to 2013
Cumulative price change 15561.90%
Average inflation rate 2.00%
Price difference (£100 base) £15,561.90
CPI in 1758 6.3
CPI in 2013 986.7


UK inflation chart from 1988 to 2017. Based on the UK Consumer Price Index.


How to calculate the inflation rate for £100, 1758 to 2013

This inflation calculator uses the following inflation rate formula:

CPI in 2013 / CPI in 1758 * 1758 GBP value = 2013 GBP value

Then plug in historical CPI values. The UK CPI was 6.3 in the year 1758 and 986.7 in 2013:

986.7 / 6.3 * £100 = £15,661.90

£100 in 1758 has the same "purchasing power" as £15,661.90 in 2013.


Inflation Data Source

Raw data for these calculations comes from the composite price index published by the UK Office for National Statistics (ONS). A composite index is created by combining price data from several different published sources, both official and unofficial. The Consumer Price Index, normally used to compute inflation, has only been tracked since 1988. All inflation calculations after 1988 use the Office for National Statistics' Consumer Price Index, except for 2017, which is based on The Bank of England's forecast.

You may use the following MLA citation for this page: “1758 pounds in 2013 | UK Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 May. 2018, https://www.officialdata.org/1758-GBP-in-2013.


» Read more about inflation.