£100 in 1762 → £13,390.91 in 2004

UK Inflation Calculator

£

UK Inflation Rate, £100 in 1762 to 2004

According to the Office for National Statistics composite price index, prices in 2004 are 13,290.91% higher than prices in 1762. The pound experienced an average inflation rate of 2.04% per year during this period.

In other words, £100 in 1762 is equivalent in purchasing power to £13,390.91 in 2004, a difference of £13,290.91 over 242 years.

The 1762 inflation rate was 3.77%. The inflation rate in 2004 was 2.98%. The 2004 inflation rate is higher compared to the average inflation rate of 2.90% per year between 2004 and 2018.


Inflation from 1762 to 2004
Cumulative price change 13290.91%
Average inflation rate 2.04%
Converted amount (£100 base) £13,390.91
Price difference (£100 base) £13,290.91
CPI in 1762 5.5
CPI in 2004 736.5
Inflation in 1762 3.77%
Inflation in 2004 2.98%


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


Buying power of £100 since 1762

This chart shows calculations of buying power equivalence over time for £100 in 1762 (price index tracking began in 1750).

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:

Year GBP Value Inflation Rate
1762 £100.00 3.77%
1763 £103.64 3.64%
1764 £112.73 8.77%
1765 £116.36 3.23%
1766 £118.18 1.56%
1767 £123.64 4.62%
1768 £121.82 -1.47%
1769 £112.73 -7.46%
1770 £112.73 0.00%
1771 £121.82 8.06%
1772 £134.55 10.45%
1773 £134.55 0.00%
1774 £136.36 1.35%
1775 £127.27 -6.67%
1776 £125.45 -1.43%
1777 £125.45 0.00%
1778 £129.09 2.90%
1779 £118.18 -8.45%
1780 £114.55 -3.08%
1781 £120.00 4.76%
1782 £121.82 1.52%
1783 £136.36 11.94%
1784 £138.18 1.33%
1785 £130.91 -5.26%
1786 £130.91 0.00%
1787 £130.91 0.00%
1788 £136.36 4.17%
1789 £134.55 -1.33%
1790 £136.36 1.35%
1791 £136.36 0.00%
1792 £138.18 1.33%
1793 £141.82 2.63%
1794 £154.55 8.97%
1795 £170.91 10.59%
1796 £181.82 6.38%
1797 £163.64 -10.00%
1798 £160.00 -2.22%
1799 £180.00 12.50%
1800 £245.45 36.36%
1801 £274.55 11.85%
1802 £210.91 -23.18%
1803 £200.00 -5.17%
1804 £205.45 2.73%
1805 £238.18 15.93%
1806 £229.09 -3.82%
1807 £223.64 -2.38%
1808 £232.73 4.07%
1809 £254.55 9.37%
1810 £261.82 2.86%
1811 £254.55 -2.78%
1812 £289.09 13.57%
1813 £296.36 2.52%
1814 £258.18 -12.88%
1815 £230.91 -10.56%
1816 £210.91 -8.66%
1817 £240.00 13.79%
1818 £240.00 0.00%
1819 £234.55 -2.27%
1820 £212.73 -9.30%
1821 £187.27 -11.97%
1822 £161.82 -13.59%
1823 £172.73 6.74%
1824 £187.27 8.42%
1825 £220.00 17.48%
1826 £207.27 -5.79%
1827 £194.55 -6.14%
1828 £189.09 -2.80%
1829 £187.27 -0.96%
1830 £180.00 -3.88%
1831 £198.18 10.10%
1832 £183.64 -7.34%
1833 £172.73 -5.94%
1834 £158.18 -8.42%
1835 £161.82 2.30%
1836 £180.00 11.24%
1837 £183.64 2.02%
1838 £185.45 0.99%
1839 £198.18 6.86%
1840 £201.82 1.83%
1841 £198.18 -1.80%
1842 £181.82 -8.26%
1843 £161.82 -11.00%
1844 £161.82 0.00%
1845 £169.09 4.49%
1846 £176.36 4.30%
1847 £198.18 12.37%
1848 £172.73 -12.84%
1849 £161.82 -6.32%
1850 £152.73 -5.62%
1851 £147.27 -3.57%
1852 £147.27 0.00%
1853 £161.82 9.88%
1854 £185.45 14.61%
1855 £190.91 2.94%
1856 £190.91 0.00%
1857 £181.82 -4.76%
1858 £165.45 -9.00%
1859 £163.64 -1.10%
1860 £169.09 3.33%
1861 £172.73 2.15%
1862 £169.09 -2.11%
1863 £163.64 -3.23%
1864 £161.82 -1.11%
1865 £163.64 1.12%
1866 £172.73 5.56%
1867 £183.64 6.32%
1868 £181.82 -0.99%
1869 £172.73 -5.00%
1870 £172.73 0.00%
1871 £174.55 1.05%
1872 £181.82 4.17%
1873 £189.09 4.00%
1874 £181.82 -3.85%
1875 £178.18 -2.00%
1876 £178.18 0.00%
1877 £176.36 -1.02%
1878 £172.73 -2.06%
1879 £165.45 -4.21%
1880 £170.91 3.30%
1881 £169.09 -1.06%
1882 £170.91 1.08%
1883 £169.09 -1.06%
1884 £165.45 -2.15%
1885 £160.00 -3.30%
1886 £158.18 -1.14%
1887 £156.36 -1.15%
1888 £158.18 1.16%
1889 £160.00 1.15%
1890 £160.00 0.00%
1891 £161.82 1.14%
1892 £161.82 0.00%
1893 £160.00 -1.12%
1894 £158.18 -1.14%
1895 £156.36 -1.15%
1896 £154.55 -1.16%
1897 £158.18 2.35%
1898 £158.18 0.00%
1899 £160.00 1.15%
1900 £167.27 4.55%
1901 £167.27 0.00%
1902 £167.27 0.00%
1903 £169.09 1.09%
1904 £169.09 0.00%
1905 £169.09 0.00%
1906 £169.09 0.00%
1907 £170.91 1.08%
1908 £170.91 0.00%
1909 £172.73 1.06%
1910 £174.55 1.05%
1911 £174.55 0.00%
1912 £180.00 3.13%
1913 £178.18 -1.01%
1914 £178.18 0.00%
1915 £200.00 12.24%
1916 £236.36 18.18%
1917 £296.36 25.38%
1918 £361.82 22.09%
1919 £398.18 10.05%
1920 £460.00 15.53%
1921 £420.00 -8.70%
1922 £361.82 -13.85%
1923 £340.00 -6.03%
1924 £338.18 -0.53%
1925 £338.18 0.00%
1926 £336.36 -0.54%
1927 £327.27 -2.70%
1928 £327.27 0.00%
1929 £323.64 -1.11%
1930 £314.55 -2.81%
1931 £301.82 -4.05%
1932 £294.55 -2.41%
1933 £287.27 -2.47%
1934 £287.27 0.00%
1935 £289.09 0.63%
1936 £290.91 0.63%
1937 £301.82 3.75%
1938 £305.45 1.20%
1939 £314.55 2.98%
1940 £367.27 16.76%
1941 £407.27 10.89%
1942 £436.36 7.14%
1943 £450.91 3.33%
1944 £463.64 2.82%
1945 £476.36 2.75%
1946 £490.91 3.05%
1947 £525.45 7.04%
1948 £565.45 7.61%
1949 £581.82 2.89%
1950 £600.00 3.13%
1951 £654.55 9.09%
1952 £714.55 9.17%
1953 £736.36 3.05%
1954 £750.91 1.98%
1955 £783.64 4.36%
1956 £823.64 5.10%
1957 £852.73 3.53%
1958 £880.00 3.20%
1959 £883.64 0.41%
1960 £892.73 1.03%
1961 £923.64 3.46%
1962 £963.64 4.33%
1963 £981.82 1.89%
1964 £1,014.55 3.33%
1965 £1,061.82 4.66%
1966 £1,103.64 3.94%
1967 £1,132.73 2.64%
1968 £1,185.45 4.65%
1969 £1,249.09 5.37%
1970 £1,329.09 6.40%
1971 £1,454.55 9.44%
1972 £1,558.18 7.13%
1973 £1,700.00 9.10%
1974 £1,972.73 16.04%
1975 £2,450.91 24.24%
1976 £2,856.36 16.54%
1977 £3,309.09 15.85%
1978 £3,583.64 8.30%
1979 £4,063.64 13.39%
1980 £4,794.55 17.99%
1981 £5,363.64 11.87%
1982 £5,825.45 8.61%
1983 £6,092.73 4.59%
1984 £6,396.36 4.98%
1985 £6,785.45 6.08%
1986 £7,016.36 3.40%
1987 £7,309.09 4.17%
1988 £7,667.27 4.90%
1989 £8,263.64 7.78%
1990 £9,045.45 9.46%
1991 £9,576.36 5.87%
1992 £9,934.55 3.74%
1993 £10,092.73 1.59%
1994 £10,336.36 2.41%
1995 £10,694.55 3.47%
1996 £10,952.73 2.41%
1997 £11,296.36 3.14%
1998 £11,683.64 3.43%
1999 £11,863.64 1.54%
2000 £12,214.55 2.96%
2001 £12,430.91 1.77%
2002 £12,638.18 1.67%
2003 £13,003.64 2.89%
2004 £13,390.91 2.98%
2005 £13,769.09 2.82%
2006 £14,209.09 3.20%
2007 £14,818.18 4.29%
2008 £15,409.09 3.99%
2009 £15,327.27 -0.53%
2010 £16,034.55 4.61%
2011 £16,869.09 5.20%
2012 £17,410.91 3.21%
2013 £17,940.00 3.04%
2014 £18,363.64 2.36%
2015 £18,545.45 0.99%
2016 £18,860.73 1.70%
2017 £19,538.73 3.59%
2018 £19,968.58 2.20%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

How to Calculate Inflation Rate for £100, 1762 to 2004

This inflation calculator uses the following inflation rate formula:

CPI in 2004CPI in 1762
×
1762 GBP value
=
2004 GBP value

Then plug in historical CPI values. The UK CPI was 5.5 in the year 1762 and 736.5 in 2004:

736.55.5
×
£100
=
£13,390.91

£100 in 1762 has the same "purchasing power" or "buying power" as £13,390.91 in 2004.

To get the total inflation rate for the 242 years between 1762 and 2004, we use the following formula:

CPI in 2004 - CPI in 1762CPI in 1762
×
100
=
Cumulative inflation rate (242 years)

Plugging in the values to this equation, we get:

736.5 - 5.55.5
×
100
=
13,291%

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: “1762 pounds in 2004 | UK Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 Oct. 2018, https://www.officialdata.org/1762-GBP-in-2004.

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


» Read more about inflation.