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Back In My Day: How much did things cost back in another decade ?

Former_MSE_Jessica
Former_MSE_Jessica Posts: 34 Forumite
in Old style MoneySaving
How much did a pint of milk cost in 1958? When was the cheapest time to buy a new house?

Choose a year between 1917 and 2016 and a UK region and 'Back In My Day', the new online tool will show you how much prices have changed over the decades.

For example, a pint of milk was just £0.13 back in 1958 (now £2.88) and the price of an average house was £2,049. That's 78% lower than today's price!

Give it a go and show us your results below!

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Comments

  • Sayschezza
    Sayschezza Posts: 744 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    We bought our first house in 1962 and paid £1250. And I remember when a loaf of bread went up to a shilling (10p) shortly after.
    All that clutter used to be money
  • bossymoo
    bossymoo Posts: 6,924 Forumite
    1,000 Posts Combo Breaker
    MSE_Jessica wrote: »

    For example, a pint of milk was just £0.13 back in 1958 (now £2.88)

    Yikes! Where do you buy your milk???
    Bossymoo

    Away with the fairies :beer:
  • ceredigion
    ceredigion Posts: 3,709 Forumite
    Eighth Anniversary 1,000 Posts Photogenic
    bossymoo wrote: »
    Yikes! Where do you buy your milk???
    The equivalent now
  • pavlovs_dog
    pavlovs_dog Posts: 10,217 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    bossymoo wrote: »
    Yikes! Where do you buy your milk???

    That was my first reaction, however on closer inspection it seems the second figure is not the cost of buying the same item today but what the original sum would be equivalent to in today's money.
    know thyself
    Nid wy'n gofyn bywyd moethus...
  • SailorSam
    SailorSam Posts: 22,754 Forumite
    10,000 Posts Combo Breaker
    £1250 for your house, and no doubt you got a 25yr mortgage.
    You got a bargain, my first house was £6500, that was about 1978.
    Liverpool is one of the wonders of Britain,
    What it may grow to in time, I know not what.

    Daniel Defoe: 1725.
  • grandma247
    grandma247 Posts: 2,412 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I remember back in about 1970 listening to the news that soon bread would be 50p a loaf, we didn't think it was possible but look how much it is now. :) Apparently back then bread was 9p a loaf.
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