The salary inflation calculator allows you to enter your annual income, select a specific year and calculate the relevant value in today's terms so that you can understand how the value of your income has changed over the years because of inflation. In simple terms, you can compare what you earn against your parents, grandparents and so on. Were you looking for the Salary Calculator?
The salary inflation calculator uses a combination of official UK Inflation data and historic inflation estimates as calculated by the Office for National Statistics. The salary inflation calculation will compute the amount you entered as a historic amount and shows all years between 2024 and the year you selected along with the inflation rate percentages for each of the associated years.
iCalculator™ has launched distinct applications for each UK member country in December 2023 to enhance support for ongoing devolution. These apps, tailored for England, Northern Ireland, Scotland, and Wales, offer comprehensive tax, salary, and payroll calculators. They provide in-depth support and enable users to compare tax policies and rates across the UK member countries. To explore these new Free Tax Apps, simply select the relevant country from the provided options.
England Northern Ireland Scotland Wales
You can email or print your inflation calculation for later reference. We provide a range of inflation calculators including salary inflation calculators, details of each can be found below the 'Equivalent Price Inflation Calculator'.
| 2024 | = | |
| Year | Equivelant amount | Inflation Rate in |
|---|---|---|
| Year | Rate | £ | Year | Rate | £ | Year | Rate | £ | Year | Rate | £ | Year | Rate | £ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 9.8% | 1997 | 1.8% | 1972 | 7.1% | 1947 | 7% | 1922 | -14% | |||||
| 2021 | 2.6% | 1996 | 2.5% | 1971 | 9.4% | 1946 | 3.1% | 1921 | -8.6% | |||||
| 2020 | 2% | 1995 | 2.7% | 1970 | 6.4% | 1945 | 2.8% | 1920 | 15.4% | |||||
| 2019 | 2% | 1994 | 1.9% | 1969 | 5.4% | 1944 | 2.7% | 1919 | 10.1% | |||||
| 2018 | 2% | 1993 | 2.5% | 1968 | 4.7% | 1943 | 3.4% | 1918 | 22% | |||||
| 2017 | 2.74% | 1992 | 4.3% | 1967 | 2.5% | 1942 | 7.1% | 1917 | 25.2% | |||||
| 2016 | 1.79% | 1991 | 7.5% | 1966 | 3.9% | 1941 | 10.8% | 1916 | 18.1% | |||||
| 2015 | 0% | 1990 | 7% | 1965 | 4.8% | 1940 | 16.8% | 1915 | 12.5% | |||||
| 2014 | 1.5% | 1989 | 5.4% | 1964 | 3.3% | 1939 | 2.8% | 1914 | -0.3% | |||||
| 2013 | 2.6% | 1988 | 4.1% | 1963 | 2% | 1938 | 1.6% | 1913 | -0.4% | |||||
| 2012 | 2.8% | 1987 | 3.3% | 1962 | 4.3% | 1937 | 3.4% | 1912 | 3% | |||||
| 2011 | 4.5% | 1986 | 3% | 1961 | 3.4% | 1936 | 0.7% | 1911 | 0.1% | |||||
| 2010 | 3.3% | 1985 | 4.9% | 1960 | 1% | 1935 | 0.7% | 1910 | 0.9% | |||||
| 2009 | 2.2% | 1984 | 4.3% | 1959 | 0.6% | 1934 | 0% | 1909 | 0.5% | |||||
| 2008 | 3.6% | 1983 | 4.9% | 1958 | 3% | 1933 | -2.1% | 1908 | 0.5% | |||||
| 2007 | 2.3% | 1982 | 7.9% | 1957 | 3.7% | 1932 | -2.6% | 1907 | 1.2% | |||||
| 2006 | 2.3% | 1981 | 10.9% | 1956 | 4.9% | 1931 | -4.3% | 1906 | 0% | |||||
| 2005 | 2% | 1980 | 16.4% | 1955 | 4.5% | 1930 | -2.8% | 1905 | 0.4% | |||||
| 2004 | 1.3% | 1979 | 13.4% | 1954 | 1.8% | 1929 | -0.9% | 1904 | -0.2% | |||||
| 2003 | 1.4% | 1978 | 8.3% | 1953 | 3.1% | 1928 | -0.3% | 1903 | 0.4% | |||||
| 2002 | 1.2% | 1977 | 15.8% | 1952 | 9.2% | 1927 | -2.4% | 1902 | 0% | |||||
| 2001 | 1.2% | 1976 | 16.5% | 1951 | 9.1% | 1926 | 0.8% | 1901 | 0.5% | |||||
| 2000 | 0.8% | 1975 | 24.2% | 1950 | 3.1% | 1925 | 0.3% | |||||||
| 1999 | 1.3% | 1974 | 16% | 1949 | 2.8% | 1924 | -0.7% | |||||||
| 1998 | 1.6% | 1973 | 9.2% | 1948 | 7.7% | 1923 | -6% | |||||||
| 1997 | 1.8% | 1972 | 7.1% | 1947 | 7% | 1922 | -14% |
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