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What was £1 in the 1880s worth today?

£1 in 1880 had the buying power of about £169.00 today; by 1889 it was about £180.52. Prices fell about 6% between 1880 and 1889.

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Year by year, in 2025 prices

Year£11 shilling1 penny£100
1880£169.00£8.45£0.70£16,900
1881£170.82£8.54£0.71£17,082
1882£169.00£8.45£0.70£16,900
1883£170.82£8.54£0.71£17,082
1884£174.57£8.73£0.73£17,457
1885£180.52£9.03£0.75£18,052
1886£182.60£9.13£0.76£18,260
1887£184.72£9.24£0.77£18,472
1888£182.60£9.13£0.76£18,260
1889£180.52£9.03£0.75£18,052

Money in the 1880s

Prices kept drifting down. Falling prices hurt farmers, but people in work found their wages bought more than ever before.

Prices fell about 6% between 1880 and 1889. These figures compare the cost of everyday goods and services. Wages, house prices and the size of the economy all grew at different rates, so a 1880s salary or fortune would look bigger still if compared with what people earn or own today.

Source: Office for National Statistics composite price index (CDKO), Open Government Licence v3.0. Figures are rounded.

← The 1870s   The 1890s →

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Common questions

How much was £1 in 1880 worth today?

About £169.00 in 2025 prices, based on the ONS composite price index.

How much was £1 in 1885 worth today?

About £180.52 in 2025 prices.

How much was a shilling in 1885 worth today?

About £9.03. A shilling was 1/20 of a pound, or 5p in decimal money.

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