£1 in 1835 is equivalent in purchasing power to about £1.07 in 1833, a difference of £0.07 over 2 years.
The pound had an average **deflation** rate of -3.21% per year since 1833, producing a cumulative price change of 6.74%.

This means that prices in 1833 are 1.07 times higher than average prices since 1835, according to the Office for National Statistics composite price index.

The 1833 inflation rate was -5.94%. The inflation rate in 1835 was 2.30%. The 1835 inflation rate is lower compared to the average inflation rate of 2.65% per year between 1835 and 2021.

⌃

Cumulative price change | 6.74% |

Average inflation rate | -3.21% |

Converted amount (£1 base) | £1.07 |

Price difference (£1 base) | £0.07 |

CPI in 1835 | 8.900 |

CPI in 1833 | 9.500 |

Inflation in 1833 | -5.94% |

Inflation in 1835 | 2.30% |

£1 in 1835 | £1.07 in 1833 |

This chart shows a calculation of buying power equivalence for £1 in 1833 (price index tracking began in 1750).

For example, if you started with £1, you would need to end with £1.07 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

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:

This conversion table shows various other 1833 amounts in 1835 pounds, based on the 6.74% change in prices:

Initial value | Equivalent value |
---|---|

£1 pound in 1833 | £0.94 pounds in 1835 |

£5 pounds in 1833 | £4.68 pounds in 1835 |

£10 pounds in 1833 | £9.37 pounds in 1835 |

£50 pounds in 1833 | £46.84 pounds in 1835 |

£100 pounds in 1833 | £93.68 pounds in 1835 |

£500 pounds in 1833 | £468.42 pounds in 1835 |

£1,000 pounds in 1833 | £936.84 pounds in 1835 |

£5,000 pounds in 1833 | £4,684.21 pounds in 1835 |

£10,000 pounds in 1833 | £9,368.42 pounds in 1835 |

£50,000 pounds in 1833 | £46,842.11 pounds in 1835 |

£100,000 pounds in 1833 | £93,684.21 pounds in 1835 |

£500,000 pounds in 1833 | £468,421.05 pounds in 1835 |

£1,000,000 pounds in 1833 | £936,842.11 pounds in 1835 |

Our calculations use the following inflation rate formula to calculate the change in value between 1833 and 1835:

CPI in 1833
CPI in 1835

×

1835 GBP value

=

1833 GBP value

Then plug in historical CPI values. The U.K. CPI was 8.9 in the year 1835 and 9.5 in 1833:

9.58.9

×

£1

=

£1 in 1835 has the same "purchasing power" or "buying power" as £1.07 in 1833.

To get the total inflation rate for the 2 years between 1833 and 1835, we use the following formula:

CPI in 1833 - CPI in 1835CPI in 1835

×

100

=

Plugging in the values to this equation, we get:

9.5 - 8.98.9

×

100

=

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

- Richard Lawrence fails in the first documented presidential assassination attempt after he misfired at President Andrew Jackson
- National debt of the United States is officially zero: the only time that it has been that way in history.
- Signing of the New Echota Treaty, followed by the conceding of all the Cherokee Indian lands east of the Mississippi River to the US

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: “£1 in 1835 → 1833 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Sep. 2021, https://www.officialdata.org/uk/inflation/1835?amount=1&endYear=1833.

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.

Cumulative price change | 6.74% |

Average inflation rate | -3.21% |

Converted amount (£1 base) | £1.07 |

Price difference (£1 base) | £0.07 |

CPI in 1835 | 8.900 |

CPI in 1833 | 9.500 |

Inflation in 1833 | -5.94% |

Inflation in 1835 | 2.30% |

£1 in 1835 | £1.07 in 1833 |