Inflation Calculator
Is your pay rise actually a pay cut in disguise?
What This Calculator Does
This calculator shows how much a sum of money from the past would be worth today, or how much today's money will be worth in the future, based on historical and projected UK inflation rates. It is designed for anyone wanting to understand how inflation affects the purchasing power of their money over time.
How the Calculation Works
It uses CPI (Consumer Prices Index) data to calculate the cumulative effect of inflation over your chosen period, showing the real purchasing power of a given amount.
Common Scenarios
A £30,000 salary in 2015 would need to be about £38,000 today to maintain the same purchasing power. At 3% annual inflation, £100 today would only buy £74 worth of goods in 10 years' time.
Related Calculators
You might also find these useful: Pay Rise, Compound Interest, Pension. Or use our main salary calculator for a complete take-home pay breakdown.