£100 in 2023 is worth £108 today
What pounds from 2023 are worth in 2025 money, adjusted for inflation with the official price index from the UK Office for National Statistics.
2023 money in 2025 money
- Prices since
- +7.9%
- Per year
- +3.86% compounded
- Multiplier
- ×1.079
| In 2023 | Worth in 2025 |
|---|---|
| £1 | £1.08 |
| £5 | £5.39 |
| £10 | £10.79 |
| £20 | £21.57 |
| £50 | £53.93 |
| £100 | £108 |
| £1,000 | £1,079 |
| £10,000 | £10,787 |
UK Office for National Statistics — Retail Prices Index: long run series, Jan 1974 = 100. Retrieved 2026-08-06. Open in the calculator to compare any two years.
Inflation in 2023
Prices in the UK rose 9.7% during 2023 — a higher rate than most years in this series, 27th highest of 225. Across the 2020s, prices rose an average of 5.8% a year, peaking at 11.6% in 2022.
| Year | Rate | Bar |
|---|---|---|
| 2020 | +1.5% | |
| 2021 | +4.0% | |
| 2022 | +11.6% | |
| 2023 | +9.7% | |
| 2024 | +3.6% | |
| 2025 | +4.1% |
How far the pound has fallen since 2023
A pound in 2025 buys about 92.7% of what one bought in 2023, a loss of 7.3% of its buying power. Prices have not yet doubled from their 2023 level — they are 7.9% higher in 2025. Read the other way, here is what today's money would have been in 2023:
| In 2025 | Same as, in 2023 |
|---|---|
| £10 | £9.27 |
| £20 | £18.54 |
| £50 | £46.35 |
| £100 | £92.70 |
| £1,000 | £927 |
| £10,000 | £9,270 |
What these numbers can and cannot tell you
The figures compare the price index in 2023 with 2025: the cost of the same broad basket of goods and services, averaged across each year. That is the right measure for "what would this amount be in today's money" — a wage, a price, an inheritance. It is not a measure of what any particular thing cost: housing, education, and healthcare have mostly risen faster than the average, while electronics and clothing have risen far slower or fallen. And it says nothing about exchange rates, so it cannot turn 2023 pounds into another currency.
Common questions
How much is £100 from 2023 worth today?
£100 in 2023 is worth about £108 in 2025 money, adjusted with the official price index published by the UK Office for National Statistics. Prices have risen 7.9% over that span, an average of 3.86% a year compounded.
What was the inflation rate in 2023?
Prices in the UK rose 9.7% during 2023 — a higher rate than most years in this series, 27th highest of 225. That is the change in the annual average of the index from 2022 to 2023, which is the basis statistics agencies use for long-run comparison; a news headline quoting a twelve-month change at a particular point in 2023 may differ.
How much buying power has the pound lost since 2023?
About 7.3%. Put the other way round, £100 in 2025 would have bought what £92.70 bought in 2023. Prices have not yet doubled from their 2023 level — they are 7.9% higher in 2025.
2023 in other countries: United States , Canada , Australia , New Zealand .