£100 in 1966 is equivalent in purchasing power to about £969.03 in 1995, an increase of £869.03 over 29 years. The pound had an average inflation rate of 8.15% per year between 1966 and 1995, producing a cumulative price increase of 869.03%.
This means that prices in 1995 are 9.69 times as high as average prices since 1966, according to the Office for National Statistics composite price index.
The inflation rate in 1966 was 3.94%. The inflation rate in 1995 was 3.47%. The 1995 inflation rate is higher compared to the average inflation rate of 3.04% per year between 1995 and 2025.
Cumulative price change | 869.03% |
Average inflation rate | 8.15% |
Converted amount £100 base | £969.03 |
Price difference £100 base | £869.03 |
CPI in 1966 | 60.700 |
CPI in 1995 | 588.200 |
Inflation in 1966 | 3.94% |
Inflation in 1995 | 3.47% |
£100 in 1966 | £969.03 in 1995 |
This chart shows a calculation of buying power equivalence for £100 in 1966 (price index tracking began in 1750).
For example, if you started with £100, you would need to end with £969.03 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When £100 is equivalent to £969.03 over time, that means that the "real value" of a single U.K. pound decreases over time. In other words, a pound will pay for fewer items at the store.
This effect explains how inflation erodes the value of a pound over time. By calculating the value in 1966 dollars, the chart below shows how £100 is worth less over 29 years.
According to the Office for National Statistics, each of these GBP amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1966 amounts in 1995 pounds, based on the 869.03% change in prices:
Initial value | Equivalent value |
---|---|
£1 pound in 1966 | £9.69 pounds in 1995 |
£5 pounds in 1966 | £48.45 pounds in 1995 |
£10 pounds in 1966 | £96.90 pounds in 1995 |
£50 pounds in 1966 | £484.51 pounds in 1995 |
£100 pounds in 1966 | £969.03 pounds in 1995 |
£500 pounds in 1966 | £4,845.14 pounds in 1995 |
£1,000 pounds in 1966 | £9,690.28 pounds in 1995 |
£5,000 pounds in 1966 | £48,451.40 pounds in 1995 |
£10,000 pounds in 1966 | £96,902.80 pounds in 1995 |
£50,000 pounds in 1966 | £484,514.00 pounds in 1995 |
£100,000 pounds in 1966 | £969,028.01 pounds in 1995 |
£500,000 pounds in 1966 | £4,845,140.03 pounds in 1995 |
£1,000,000 pounds in 1966 | £9,690,280.07 pounds in 1995 |
Our calculations use the following inflation rate formula to calculate the change in value between 1966 and 1995:
Then plug in historical CPI values. The U.K. CPI was 60.7 in the year 1966 and 588.2 in 1995:
£100 in 1966 has the same "purchasing power" or "buying power" as £969.03 in 1995.
To get the total inflation rate for the 29 years between 1966 and 1995, we use the following formula:
Plugging in the values to this equation, we get:
Raw data for these calculations comes from the composite price index published by the UK Office for National Statistics (ONS). A composite index is created by combining price data from several different published sources, both official and unofficial. The Consumer Price Index, normally used to compute inflation, has only been tracked since 1988. All inflation calculations after 1988 use the Office for National Statistics' Consumer Price Index, except for the current year, which is based on The Bank of England's forecast.
You may use the following MLA citation for this page: “1966 pounds in 1995 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 25 Apr. 2025, https://www.officialdata.org/1966-GBP-in-1995.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
Cumulative price change | 869.03% |
Average inflation rate | 8.15% |
Converted amount £100 base | £969.03 |
Price difference £100 base | £869.03 |
CPI in 1966 | 60.700 |
CPI in 1995 | 588.200 |
Inflation in 1966 | 3.94% |
Inflation in 1995 | 3.47% |
£100 in 1966 | £969.03 in 1995 |