prices in the 60s

ukcarper

I have just been going through some old paper work and found a couple of receipts from 1964

2lb of sugar 1s 5d
6pts of milk 4s 6d
0.5lb of tea 3s 9d
Gallon of petrol 4s 4p

Using the measuring worth website in 2009 using earnings they equate to

£2.28, £7.24, £6.03 and £6.97

I thought they made interesting reading from last weeks shopping receipt 4pts of milk £1.49 2lb of sugar 84p

Pimperne1

ukcarper wrote: »

I have just been going through some old paper work and found a couple of receipts from 1964

2lb of sugar 1s 5d
6pts of milk 4s 6d
0.5lb of tea 3s 9d
Gallon of petrol 4s 4p

Using the measuring worth website in 2009 using earnings they equate to

£2.28, £7.24, £6.03 and £6.97

I thought they made interesting reading from last weeks shopping receipt 4pts of milk £1.49 2lb of sugar 84p

I think we should will be having someone on site soon telling you that in "real" terms things were more expensive then. Personally I have found renting my sugar, milk, tea and petrol since then has worked out in my favour.

Generali

ukcarper wrote: »

I have just been going through some old paper work and found a couple of receipts from 1964

2lb of sugar 1s 5d
6pts of milk 4s 6d
0.5lb of tea 3s 9d
Gallon of petrol 4s 4p

Using the measuring worth website in 2009 using earnings they equate to

£2.28, £7.24, £6.03 and £6.97

I thought they made interesting reading from last weeks shopping receipt 4pts of milk £1.49 2lb of sugar 84p

Changes in relative prices are an interest of mine (yeah I know). The George Orwell book The Road to Wigan Pier is very interesting from that POV.

Petrol at £6.97/gallon = £1.53/litre.

It makes sense that prices measured by earnings changes should have fallen as technology has made people more productive and thus their labour more valuable.

ukcarper

Found a couple of other things GPO line rental 1964 £4 a quarter, £129 in todays earnings.
An electric bill for quarter ending June 1965 £5.6s.9d, £172 in todays earnings

Graham_Devon

I thought it was very difficult to measure pounds vs shillings, when looking at it the way its being looked at?

I only get this from my dad mind, as he said everyones money was devalued when it changed over. Still hung up about it

Measuring worth for me comes up as 4 shillings in 1964 = £3.16 using the RPI index.

CLAPTON

yes we are amazingly well off compared to the 60s

ukcarper

To clarify the I have used the measuring worth website to estimate today’s prices but I did find a wage slip and in was for £12 a week which is £386 now or £20k . The person involve was a self-employed builder

Loughton_Monkey

Personally, I find stealing those little paper packets of sugar from Starbucks (and similar) saves on the sugar bills. Get's a bit tedious opening 750 packets every time Mrs LM has a jam-making session, though.

Generali

Loughton_Monkey wrote: »

Personally, I find stealing those little paper packets of sugar from Starbucks (and similar) saves on the sugar bills. Get's a bit tedious opening 750 packets every time Mrs LM has a jam-making session, though.

You should do what multinational corporations do these days: send the sugar packets to India to outsource your sugar packet opening.

neverdespairgirl

Generali wrote: »

You should do what multinational corporations do these days: send the sugar packets to India to outsource your sugar packet opening.

Mrs LM is doing the outsourcing - to Mr LM!

Loughton_Monkey

Generali wrote: »

You should do what multinational corporations do these days: send the sugar packets to India to outsource your sugar packet opening.

I'll consider it. But I'm just a little concerned as to whether or not this would in any way render our decription of the jam null and void. We like to think of it as Organic, sustainable, green, fair-trade, eco-friendly, carbon-free, local produce, in biodegradable, recyclable packaging.

Besides, I think I'd get it done cheaper by 13 year old Vietnamese rather than in India.