Who can tell me what this is in today's prices?

[StarOfValkyrie]

£14,250 in 2002/03.

What would today's equivelent be?

Ta very much!

I would like to recommend www.measuringworth.com but its data set is a bit out of date, so I'll just have to say it's about £17,300.

Yay. How on earth did you figure that out?

£3k in 10 years doesn't seem to be much though!?

I used this. It's only 7 years from the end of 2002 to the end of 2009, and inflation has been relatively low for those 7 years.

Of course there are many measures of the changing worth of money, for instance unadjusted average weekly earnings across the economy in March 2010 were £497 and in 2002 were £348 (from the Office of National Statistics Monthly Digest). £14,250 / £348 x £497 = £20,350 approx. so if you earned £14,250 in 2002 you would need to earn £20,350 now to have kept pace with the increase in average earnings.