UK Inflation Calculator

Find out what any sum of money was worth in a different year using UK CPI data from 1990 to 2026.

Equivalent Value in 2026
£0.00
based on UK CPI
Cumulative Inflation
0%
Avg Annual Inflation
0%
Value Change
£0.00
Select a year range to calculate inflation impact.
Value Over Time
Every 5-Year Interval
YearCPI IndexEquivalent ValueCumulative Inflation

Inflation & Purchasing Power · UK Historical

What £10,000 in a given year is equivalent to in 2026 terms, and how inflation erodes savings.

Year £10,000 worth in 2026 Cumulative Inflation Average Annual Rate
2000£18,420+84.2%3.1%/yr
2005£15,100+51.0%3.2%/yr
2010£13,280+32.8%2.7%/yr
2015£11,870+18.7%1.8%/yr
2020£11,420+14.2%2.2%/yr
2022£10,740+7.4%3.7%/yr
2023£10,310+3.1%3.1%/yr
2025£10,070+0.7%0.7%/yr

Explore More Tools

💷 Salary 🏠 Mortgage 🏷️ Stamp Duty 💳 Credit Card 📋 Loan 🏦 Savings 🔄 Rent vs Buy 🧾 VAT 📊 Net Worth 🏡 Affordability ❄️ Debt Snowball

Inflation Calculator FAQs

How does inflation affect savings in the UK?
Inflation erodes the real purchasing power of savings. If your savings account pays 3% but inflation is running at 5%, your money loses 2% of its real value each year. During 2022–2023, many easy-access accounts paid under 1% while CPI exceeded 10% · causing significant real-terms losses. To protect savings, look for accounts beating the current inflation rate, maximise your Cash ISA, or consider inflation-linked products such as Premium Bonds or index-linked gilts.
What was the UK inflation rate in 2023 and 2024?
UK CPI averaged around 7.3% in 2023, having peaked at 11.1% in October 2022 · the highest in 41 years. By the end of 2023 it had fallen to around 4%, and continued declining through 2024 back toward the Bank of England's 2% target. The surge was driven by energy prices, post-pandemic supply disruptions, and strong wage growth.
How can I protect my savings from inflation in the UK?
Key strategies include: choosing high-interest savings accounts or Cash ISAs that beat the current CPI rate; using Premium Bonds (prize fund rate linked to interest rates); considering Stocks and Shares ISAs for long-term real returns above inflation; investing in property or index-linked gilts; and avoiding holding excess cash in low-rate current accounts. Review your savings rates regularly · banks are slow to pass on rate rises to existing customers.
What is the difference between RPI and CPI in the UK?
CPI (Consumer Price Index) is the Bank of England's target measure, covering a basket of goods and services but excluding housing costs. RPI (Retail Price Index) includes mortgage interest payments and housing costs, so it is generally higher than CPI. RPI is still used for some purposes including student loan interest, rail fare increases, and index-linked gilts. The ONS considers RPI a flawed measure and no longer classifies it as a National Statistic.

For informational purposes only · CPI data is approximate · Source: ONS estimates