How much did things cost in 1950?
These are some prices of a few items in 1950.
|1950 price||Inflation adjusted|
|Gallon of petrol||3s ¼d||£3.85|
|Pint of beer ||1s 2d||£1.50|
|Bottle of whisky ||£1 13s 4d||£43|
|Bottle of table wine ||12s||£15|
|20 cigarettes||3s 6d ||£4.50|
|Loaf of bread (white, unwrapped) [*]||5½d||60p|
|Loose leaf tea [*] 4oz||10d||£1|
|Sugar 1lb [*]||5d||50p|
|Pint of milk [*]||5d||50p|
|Butter ½lb [*]||1s||£1.30|
|Cheddar cheese 1lb [*]||1s 2d||£1.50|
|Margarine 1lb [*]||10d||£1|
|Lard 1lb [*]||1s||£1.30|
|Eggs 1 dozen [*]||3s 6d||£4.50|
|Potatoes lb [*]||1½d||16p|
|Cabbages lb [*]||2½d||27p|
|Onions lb [*]||4d||42p|
|Oranges lb [*]||9d||95p|
|Cocoa lb [*]||2s 9d||£3.50|
|Coal - 1cwt [*]||4s 5½d||£5.70|
|Regentone 12" television||63 guineas||£1,700|
|Murphy A146 console radio||£35||£900|
|Champion lawn mower (Gamages)||60/-||£76|
|The Daily Mirror newspaper||1d||11p|
|Average house price||c£2,000||£51,000|
|Ford Prefect car||£371||£9,500|
|Astral refrigerator||£37 9s 6d||£960|
|Hoover Electric washing machine||£31 5s||£800|
|Hoover Junior vacuum cleaner||£20 4s||£500|
Prices are in pounds, shillings and pence.
Some shops priced more expensive items in guineas. A guinea is one pound and one shilling or £1.05.
The inflation adjusted prices are based on the Consumer Price Index (CPI).
[*] Data are derived from the Retail Prices Index from July 1947 to 2004
 Hansard HC Deb 22 May 1980 vol 985 c336W
 'Labour stinging the poor' published in The Manchester Guardian, 2 November 1950, page 6
By Steven Braggs, December 2021