# £30,000 in 1830 is worth £3,651,135.03 today

£

## Value of £30,000 from 1830 to 2022

£30,000 in 1830 is equivalent in purchasing power to about £3,651,135.03 today, an increase of £3,621,135.03 over 192 years. The pound had an average inflation rate of 2.53% per year between 1830 and today, producing a cumulative price increase of 12,070.45%.

This means that today's prices are 121.70 times higher than average prices since 1830, according to the Office for National Statistics composite price index. A pound today only buys 0.82% of what it could buy back then.

The inflation rate in 1830 was -3.88%. The current year-over-year inflation rate (2021 to 2022) is now 2.27%. If this number holds, £30,000 today will be equivalent in buying power to £30,679.94 next year.

 Cumulative price change 12,070.45% Average inflation rate 2.53% Converted amount (£30,000 base) £3,651,135.03 Price difference (£30,000 base) £3,621,135.03 CPI in 1830 9.900 CPI in 2022 1,204.875 Inflation in 1830 -3.88% Inflation in 2022 2.27% £30,000 in 1830 £3,651,135.03 in 2022

GBP Inflation since 1750
Annual Rate, the Office for National Statistics CPI

## Buying power of £30,000 in 1830

This chart shows a calculation of buying power equivalence for £30,000 in 1830 (price index tracking began in 1750).

For example, if you started with £30,000, you would need to end with £3,651,135.03 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When £30,000 is equivalent to £3,651,135.03 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 1830 dollars, the chart below shows how £30,000 is worth less over 192 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: 1830-2022
Year Pound Value Inflation Rate
1830 £30,000.00 -3.88%
1831 £33,030.30 10.10%
1832 £30,606.06 -7.34%
1833 £28,787.88 -5.94%
1834 £26,363.64 -8.42%
1835 £26,969.70 2.30%
1836 £30,000.00 11.24%
1837 £30,606.06 2.02%
1838 £30,909.09 0.99%
1839 £33,030.30 6.86%
1840 £33,636.36 1.83%
1841 £33,030.30 -1.80%
1842 £30,303.03 -8.26%
1843 £26,969.70 -11.00%
1844 £26,969.70 0.00%
1845 £28,181.82 4.49%
1846 £29,393.94 4.30%
1847 £33,030.30 12.37%
1848 £28,787.88 -12.84%
1849 £26,969.70 -6.32%
1850 £25,454.55 -5.62%
1851 £24,545.45 -3.57%
1852 £24,545.45 0.00%
1853 £26,969.70 9.88%
1854 £30,909.09 14.61%
1855 £31,818.18 2.94%
1856 £31,818.18 0.00%
1857 £30,303.03 -4.76%
1858 £27,575.76 -9.00%
1859 £27,272.73 -1.10%
1860 £28,181.82 3.33%
1861 £28,787.88 2.15%
1862 £28,181.82 -2.11%
1863 £27,272.73 -3.23%
1864 £26,969.70 -1.11%
1865 £27,272.73 1.12%
1866 £28,787.88 5.56%
1867 £30,606.06 6.32%
1868 £30,303.03 -0.99%
1869 £28,787.88 -5.00%
1870 £28,787.88 0.00%
1871 £29,090.91 1.05%
1872 £30,303.03 4.17%
1873 £31,515.15 4.00%
1874 £30,303.03 -3.85%
1875 £29,696.97 -2.00%
1876 £29,696.97 0.00%
1877 £29,393.94 -1.02%
1878 £28,787.88 -2.06%
1879 £27,575.76 -4.21%
1880 £28,484.85 3.30%
1881 £28,181.82 -1.06%
1882 £28,484.85 1.08%
1883 £28,181.82 -1.06%
1884 £27,575.76 -2.15%
1885 £26,666.67 -3.30%
1886 £26,363.64 -1.14%
1887 £26,060.61 -1.15%
1888 £26,363.64 1.16%
1889 £26,666.67 1.15%
1890 £26,666.67 0.00%
1891 £26,969.70 1.14%
1892 £26,969.70 0.00%
1893 £26,666.67 -1.12%
1894 £26,363.64 -1.14%
1895 £26,060.61 -1.15%
1896 £25,757.58 -1.16%
1897 £26,363.64 2.35%
1898 £26,363.64 0.00%
1899 £26,666.67 1.15%
1900 £27,878.79 4.55%
1901 £27,878.79 0.00%
1902 £27,878.79 0.00%
1903 £28,181.82 1.09%
1904 £28,181.82 0.00%
1905 £28,181.82 0.00%
1906 £28,181.82 0.00%
1907 £28,484.85 1.08%
1908 £28,484.85 0.00%
1909 £28,787.88 1.06%
1910 £29,090.91 1.05%
1911 £29,090.91 0.00%
1912 £30,000.00 3.13%
1913 £29,696.97 -1.01%
1914 £29,696.97 0.00%
1915 £33,333.33 12.24%
1916 £39,393.94 18.18%
1917 £49,393.94 25.38%
1918 £60,303.03 22.09%
1919 £66,363.64 10.05%
1920 £76,666.67 15.53%
1921 £70,000.00 -8.70%
1922 £60,303.03 -13.85%
1923 £56,666.67 -6.03%
1924 £56,363.64 -0.53%
1925 £56,363.64 0.00%
1926 £56,060.61 -0.54%
1927 £54,545.45 -2.70%
1928 £54,545.45 0.00%
1929 £53,939.39 -1.11%
1930 £52,424.24 -2.81%
1931 £50,303.03 -4.05%
1932 £49,090.91 -2.41%
1933 £47,878.79 -2.47%
1934 £47,878.79 0.00%
1935 £48,181.82 0.63%
1936 £48,484.85 0.63%
1937 £50,303.03 3.75%
1938 £50,909.09 1.20%
1939 £52,424.24 2.98%
1940 £61,212.12 16.76%
1941 £67,878.79 10.89%
1942 £72,727.27 7.14%
1943 £75,151.52 3.33%
1944 £77,272.73 2.82%
1945 £79,393.94 2.75%
1946 £81,818.18 3.05%
1947 £87,575.76 7.04%
1948 £94,242.42 7.61%
1949 £96,969.70 2.89%
1950 £100,000.00 3.13%
1951 £109,090.91 9.09%
1952 £119,090.91 9.17%
1953 £122,727.27 3.05%
1954 £125,151.52 1.98%
1955 £130,606.06 4.36%
1956 £137,272.73 5.10%
1957 £142,121.21 3.53%
1958 £146,666.67 3.20%
1959 £147,272.73 0.41%
1960 £148,787.88 1.03%
1961 £153,939.39 3.46%
1962 £160,606.06 4.33%
1963 £163,636.36 1.89%
1964 £169,090.91 3.33%
1965 £176,969.70 4.66%
1966 £183,939.39 3.94%
1967 £188,787.88 2.64%
1968 £197,575.76 4.65%
1969 £208,181.82 5.37%
1970 £221,515.15 6.40%
1971 £242,424.24 9.44%
1972 £259,696.97 7.13%
1973 £283,333.33 9.10%
1974 £328,787.88 16.04%
1975 £408,484.85 24.24%
1976 £476,060.61 16.54%
1977 £551,515.15 15.85%
1978 £597,272.73 8.30%
1979 £677,272.73 13.39%
1980 £799,090.91 17.99%
1981 £893,939.39 11.87%
1982 £970,909.09 8.61%
1983 £1,015,454.55 4.59%
1984 £1,066,060.61 4.98%
1985 £1,130,909.09 6.08%
1986 £1,169,393.94 3.40%
1987 £1,218,181.82 4.17%
1988 £1,277,878.79 4.90%
1989 £1,377,272.73 7.78%
1990 £1,507,575.76 9.46%
1991 £1,596,060.61 5.87%
1992 £1,655,757.58 3.74%
1993 £1,682,121.21 1.59%
1994 £1,722,727.27 2.41%
1995 £1,782,424.24 3.47%
1996 £1,825,454.55 2.41%
1997 £1,882,727.27 3.14%
1998 £1,947,272.73 3.43%
1999 £1,977,272.73 1.54%
2000 £2,035,757.58 2.96%
2001 £2,071,818.18 1.77%
2002 £2,106,363.64 1.67%
2003 £2,167,272.73 2.89%
2004 £2,231,818.18 2.98%
2005 £2,294,848.48 2.82%
2006 £2,368,181.82 3.20%
2007 £2,469,696.97 4.29%
2008 £2,568,181.82 3.99%
2009 £2,554,545.45 -0.53%
2010 £2,672,424.24 4.61%
2011 £2,811,515.15 5.20%
2012 £2,901,818.18 3.21%
2013 £2,990,000.00 3.04%
2014 £3,060,606.06 2.36%
2015 £3,090,909.09 0.99%
2016 £3,144,545.45 1.74%
2017 £3,257,272.73 3.58%
2018 £3,345,219.09 2.70%
2019 £3,428,849.57 2.50%
2020 £3,490,568.86 1.80%
2021 £3,570,217.30 2.28%
2022 £3,651,135.03 2.27%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 186 more rows

This conversion table shows various other 1830 amounts in today's pounds, based on the 12,070.45% change in prices:

Conversion: 1830 pounds today
Initial value Equivalent value
£1 pound in 1830 £121.70 pounds today
£5 pounds in 1830 £608.52 pounds today
£10 pounds in 1830 £1,217.05 pounds today
£50 pounds in 1830 £6,085.23 pounds today
£100 pounds in 1830 £12,170.45 pounds today
£500 pounds in 1830 £60,852.25 pounds today
£1,000 pounds in 1830 £121,704.50 pounds today
£5,000 pounds in 1830 £608,522.50 pounds today
£10,000 pounds in 1830 £1,217,045.01 pounds today
£50,000 pounds in 1830 £6,085,225.05 pounds today
£100,000 pounds in 1830 £12,170,450.09 pounds today
£500,000 pounds in 1830 £60,852,250.47 pounds today
£1,000,000 pounds in 1830 £121,704,500.93 pounds today

## How to Calculate Inflation Rate for £30,000 since 1830

Our calculations use the following inflation rate formula to calculate the change in value between 1830 and today:

CPI today CPI in 1830
×
1830 GBP value
=
Today's value

Then plug in historical CPI values. The U.K. CPI was 9.9 in the year 1830 and 1204.87455923078 in 2022:

1204.874559230789.9
×
£30,000
=
£3,651,135.03

£30,000 in 1830 has the same "purchasing power" or "buying power" as £3,651,135.03 in 2022.

To get the total inflation rate for the 192 years between 1830 and 2022, we use the following formula:

CPI in 2022 - CPI in 1830CPI in 1830
×
100
=
Cumulative inflation rate (192 years)

Plugging in the values to this equation, we get:

1204.87455923078 - 9.99.9
×
100
=
12,070%

Politics and news often influence economic performance. Here's what was happening at the time:

• The Republic of Ecuador is founded.,Juan Jose Flores is its first president.
• U.S. Congress authorizes the mass removal of native Indians from the eastern states to the western prairie.
• France begins colonization in Algeria.
• The US Railroad opens its first station in Baltimore

## 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: “£30,000 in 1830 → 2022 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 28 Jan. 2022, https://www.officialdata.org/uk/inflation/1830?amount=30000.

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.