# £30,000 in 1830 is worth £3,257,272.73 in 2017

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👉 You may be interested in £30,000 in 1830 → 2021

## Value of £30,000 from 1830 to 2017

£30,000 in 1830 is equivalent in purchasing power to about £3,257,272.73 in 2017, an increase of £3,227,272.73 over 187 years. The pound had an average inflation rate of 2.54% per year between 1830 and 2017, producing a cumulative price increase of 10,757.58%.

This means that prices in 2017 are 108.58 times higher than average prices since 1830, according to the Office for National Statistics composite price index.

The 1830 inflation rate was -3.88%. The inflation rate in 2017 was 3.58%. The 2017 inflation rate is higher compared to the average inflation rate of 2.52% per year between 2017 and 2021.

 Cumulative price change 10,757.58% Average inflation rate 2.54% Converted amount (£30,000 base) £3,257,272.73 Price difference (£30,000 base) £3,227,272.73 CPI in 1830 9.900 CPI in 2017 1,074.900 Inflation in 1830 -3.88% Inflation in 2017 3.58% £30,000 in 1830 £3,257,272.73 in 2017

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 £3,257,272.73 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When £30,000 is equivalent to £3,257,272.73 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 187 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: 1830-2017
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 £3,598,776.48 3.10%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 181 more rows

This conversion table shows various other 1830 amounts in 2017 pounds, based on the 10,757.58% change in prices:

Conversion: 1830 pounds in 2017
Initial value Equivalent value
£1 pound in 1830 £108.58 pounds in 2017
£5 pounds in 1830 £542.88 pounds in 2017
£10 pounds in 1830 £1,085.76 pounds in 2017
£50 pounds in 1830 £5,428.79 pounds in 2017
£100 pounds in 1830 £10,857.58 pounds in 2017
£500 pounds in 1830 £54,287.88 pounds in 2017
£1,000 pounds in 1830 £108,575.76 pounds in 2017
£5,000 pounds in 1830 £542,878.79 pounds in 2017
£10,000 pounds in 1830 £1,085,757.58 pounds in 2017
£50,000 pounds in 1830 £5,428,787.88 pounds in 2017
£100,000 pounds in 1830 £10,857,575.76 pounds in 2017
£500,000 pounds in 1830 £54,287,878.79 pounds in 2017
£1,000,000 pounds in 1830 £108,575,757.58 pounds in 2017

## How to Calculate Inflation Rate for £30,000, 1830 to 2017

Our calculations use the following inflation rate formula to calculate the change in value between 1830 and 2017:

CPI in 2017 CPI in 1830
×
1830 GBP value
=
2017 GBP value

Then plug in historical CPI values. The U.K. CPI was 9.9 in the year 1830 and 1074.9 in 2017:

1074.99.9
×
£30,000
=
£3,257,272.73

£30,000 in 1830 has the same "purchasing power" or "buying power" as £3,257,272.73 in 2017.

To get the total inflation rate for the 187 years between 1830 and 2017, we use the following formula:

CPI in 2017 - CPI in 1830CPI in 1830
×
100
=
Cumulative inflation rate (187 years)

Plugging in the values to this equation, we get:

1074.9 - 9.99.9
×
100
=
10,758%

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 → 2017 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 2 Dec. 2021, https://www.officialdata.org/uk/inflation/1830?amount=30000&endYear=2017.

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.