£100 in 2023 is worth £101.35 today

101.35

The Impact of Inflation on value of £100 from 2023 to 2024

In 1913 the price of £100 is approximately equal to £101.35 in 2024. Prices changed by 4.29% (or £1.35) per year on average during that period. It means that every purchase will cost you 1.01 times as much.
Inflation is a powerful force that can erode the purchasing power of money over time. For anyone curious about the value of £100 in 2023 and what it would be worth in 2024, this page provides a detailed analysis using the cumulative price change, average inflation rate, and other key financial indicators.


How Much is £100 in 2023 Worth Today?

  • Converted Amount: The £100 from 2023, adjusted for inflation, would be equivalent to £101.35 in 2024.
  • Cumulative Price Change: Over this period, the cumulative price change has been 1.35%.
  • Average Inflation Rate: The average annual inflation rate between 2023 and 2024 has been 4.29%.
Inflation from 2023 to 2024
Cumulative price change 1.35%
Average inflation rate 4.29%
Converted amount 101.35
Price difference 1.35
CPI in 2023 130.5
CPI in 2024132.26
Inflation in 20237.23%
Inflation in 20241.35%
100 in 2023101.35 in 2024

Key Financial Indicators:

Consumer Price Index (CPI) Comparison

  • CPI in 2023: 130.5
  • CPI in 2024: 132.26

Inflation Rate at 2023 and 2024

  • Inflation in 2023: 7.23%
  • Inflation in 2024: 1.35%

Price Difference

  • The price difference between 2023 and 2024 is £1.35.

2023 to 2024 Inflation Calculator

To understand the transformation of £100 from 2023 into 2024 British Pounds, consider the following table:

YearCPIInflation rateValue in 2024
2023130.57.23%£100
2024132.261.35%£101.35

This table highlights the key figures that affect how the value of money changes over time due to inflation.

Buying Power of £100 in 2023

£100 in the year 2023 is now worth £101.35 in 2024, showing a substantial increase of £1.35 over the years. This change underscores how the average inflation rate of 4.29% annually has eroded the purchasing power of the British Pound.

Inflation from 2023 to 2024
Cumulative price change 1.35%
Average inflation rate 4.29%
Converted amount 101.35
Price difference 1.35
CPI in 2023 130.5
CPI in 2024132.26
Inflation in 20237.23%
Inflation in 20241.35%
100 in 2023101.35 in 2024