£35,000 in 2010 is worth £44,906.69 in 2019

Value of £35,000 from 2010 to 2019

£35,000 in 2010 is equivalent in purchasing power to about £44,906.69 in 2019, an increase of £9,906.69 over 9 years. The pound had an average inflation rate of 2.81% per year between 2010 and 2019, producing a cumulative price increase of 28.30%.

This means that prices in 2019 are 1.28 times as high as average prices since 2010, according to the Office for National Statistics composite price index.

The inflation rate in 2010 was 4.61%. The inflation rate in 2019 was 2.50%. The 2019 inflation rate is lower compared to the average inflation rate of 4.60% per year between 2019 and 2024.


Inflation from 2010 to 2019
Cumulative price change28.30%
Average inflation rate2.81%
Converted amount
£35,000 base
£44,906.69
Price difference
£35,000 base
£9,906.69
CPI in 2010881.900
CPI in 20191,131.520
Inflation in 20104.61%
Inflation in 20192.50%
£35,000 in 2010£44,906.69 in 2019

GBP inflation since 2010
Annual Rate, the Office for National Statistics CPI
Download

Buying power of £35,000 in 2010

This chart shows a calculation of buying power equivalence for £35,000 in 2010 (price index tracking began in 1750).

For example, if you started with £35,000, you would need to end with £44,906.69 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When £35,000 is equivalent to £44,906.69 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 2010 dollars, the chart below shows how £35,000 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: 2010-2019
YearPound ValueInflation Rate
2010£35,000.004.61%
2011£36,821.645.20%
2012£38,004.313.21%
2013£39,159.203.04%
2014£40,083.912.36%
2015£40,480.780.99%
2016£41,183.241.74%
2017£42,659.603.58%
2018£43,811.412.70%
2019£44,906.692.50%
2020£45,715.011.80%
2021£46,854.082.49%
2022£50,555.557.90%
2023£54,130.847.07%
2024£56,241.943.90%*
* 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 2010 amounts in 2019 pounds, based on the 28.30% change in prices:

Conversion: 2010 pounds in 2019
Initial valueEquivalent value
£1 pound in 2010£1.28 pounds in 2019
£5 pounds in 2010£6.42 pounds in 2019
£10 pounds in 2010£12.83 pounds in 2019
£50 pounds in 2010£64.15 pounds in 2019
£100 pounds in 2010£128.30 pounds in 2019
£500 pounds in 2010£641.52 pounds in 2019
£1,000 pounds in 2010£1,283.05 pounds in 2019
£5,000 pounds in 2010£6,415.24 pounds in 2019
£10,000 pounds in 2010£12,830.48 pounds in 2019
£50,000 pounds in 2010£64,152.42 pounds in 2019
£100,000 pounds in 2010£128,304.84 pounds in 2019
£500,000 pounds in 2010£641,524.18 pounds in 2019
£1,000,000 pounds in 2010£1,283,048.37 pounds in 2019

How to calculate inflation rate for £35,000, 2010 to 2019

Our calculations use the following inflation rate formula to calculate the change in value between 2010 and 2019:

CPI in 2019 CPI in 2010
×
2010 GBP value
=
2019 GBP value

Then plug in historical CPI values. The U.K. CPI was 881.9 in the year 2010 and 1131.5203575 in 2019:

1131.5203575881.9
×
£35,000
=
£44,906.69

£35,000 in 2010 has the same "purchasing power" or "buying power" as £44,906.69 in 2019.

To get the total inflation rate for the 9 years between 2010 and 2019, we use the following formula:

CPI in 2019 - CPI in 2010CPI in 2010
×
100
=
Cumulative inflation rate (9 years)

Plugging in the values to this equation, we get:

1131.5203575 - 881.9881.9
×
100
=
28%

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 the current year, which is based on The Bank of England's forecast.

You may use the following MLA citation for this page: “£35,000 in 2010 → 2019 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 28 Mar. 2024, https://www.officialdata.org/2010-GBP-in-2019?amount=35000.

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.


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.

Email · LinkedIn · Twitter


» Read more about inflation and investment.

Inflation from 2010 to 2019
Cumulative price change28.30%
Average inflation rate2.81%
Converted amount
£35,000 base
£44,906.69
Price difference
£35,000 base
£9,906.69
CPI in 2010881.900
CPI in 20191,131.520
Inflation in 20104.61%
Inflation in 20192.50%
£35,000 in 2010£44,906.69 in 2019