£100 in 2013 is worth £132.45 in 2022

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Value of £100 from 2013 to 2022

£100 in 2013 is equivalent in purchasing power to about £132.45 in 2022, an increase of £32.45 over 9 years. The pound had an average inflation rate of 3.17% per year between 2013 and 2022, producing a cumulative price increase of 32.45%.

This means that prices in 2022 are 1.32 times as high as average prices since 2013, according to the Office for National Statistics composite price index.

The inflation rate in 2013 was 3.04%. The inflation rate in 2022 was 10.70%. The 2022 inflation rate is lower compared to the average inflation rate of 10.70% per year between 2022 and 2023.


Inflation from 2013 to 2022
Cumulative price change32.45%
Average inflation rate3.17%
Converted amount (£100 base)£132.45
Price difference (£100 base)£32.45
CPI in 2013986.700
CPI in 20221,306.912
Inflation in 20133.04%
Inflation in 202210.70%
£100 in 2013£132.45 in 2022

GBP inflation since 2013
Annual Rate, the Office for National Statistics CPI
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Buying power of £100 in 2013

This chart shows a calculation of buying power equivalence for £100 in 2013 (price index tracking began in 1750).

For example, if you started with £100, you would need to end with £132.45 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When £100 is equivalent to £132.45 over time, that means that the "real value" of a single U.K. pound decreases over time. In other words, a pound will pay for fewer items at the store.

This effect explains how inflation erodes the value of a pound over time. By calculating the value in 2013 dollars, the chart below shows how £100 is worth less over 9 years.

According to the Office for National Statistics, each of these GBP amounts below is equal in terms of what it could buy at the time:

Pound inflation: 2013-2022
YearPound ValueInflation Rate
2013£100.003.04%
2014£102.362.36%
2015£103.370.99%
2016£105.171.74%
2017£108.943.58%
2018£111.882.70%
2019£114.682.50%
2020£116.741.80%
2021£119.652.49%
2022£132.4510.70%
2023£146.6310.70%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 3 more rows

This conversion table shows various other 2013 amounts in 2022 pounds, based on the 32.45% change in prices:

Conversion: 2013 pounds in 2022
Initial valueEquivalent value
£1 pound in 2013£1.32 pounds in 2022
£5 pounds in 2013£6.62 pounds in 2022
£10 pounds in 2013£13.25 pounds in 2022
£50 pounds in 2013£66.23 pounds in 2022
£100 pounds in 2013£132.45 pounds in 2022
£500 pounds in 2013£662.26 pounds in 2022
£1,000 pounds in 2013£1,324.53 pounds in 2022
£5,000 pounds in 2013£6,622.64 pounds in 2022
£10,000 pounds in 2013£13,245.28 pounds in 2022
£50,000 pounds in 2013£66,226.41 pounds in 2022
£100,000 pounds in 2013£132,452.82 pounds in 2022
£500,000 pounds in 2013£662,264.09 pounds in 2022
£1,000,000 pounds in 2013£1,324,528.17 pounds in 2022

How to calculate inflation rate for £100, 2013 to 2022

Our calculations use the following inflation rate formula to calculate the change in value between 2013 and 2022:

CPI in 2022 CPI in 2013
×
2013 GBP value
=
2022 GBP value

Then plug in historical CPI values. The U.K. CPI was 986.7 in the year 2013 and 1306.91194551 in 2022:

1306.91194551986.7
×
£100
=
£132.45

£100 in 2013 has the same "purchasing power" or "buying power" as £132.45 in 2022.

To get the total inflation rate for the 9 years between 2013 and 2022, we use the following formula:

CPI in 2022 - CPI in 2013CPI in 2013
×
100
=
Cumulative inflation rate (9 years)

Plugging in the values to this equation, we get:

1306.91194551 - 986.7986.7
×
100
=
32%

Data source & citation

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: “£100 in 2013 → 2022 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Jan. 2023, https://www.officialdata.org/uk/inflation/2013?endYear=2022&amount=100.

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


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 2013 to 2022
Cumulative price change32.45%
Average inflation rate3.17%
Converted amount (£100 base)£132.45
Price difference (£100 base)£32.45
CPI in 2013986.700
CPI in 20221,306.912
Inflation in 20133.04%
Inflation in 202210.70%
£100 in 2013£132.45 in 2022