How much did things cost in 1950?

These are some prices of a few items in 1950.

1950 priceInflation adjusted
Gallon of petrol3s ¼d£3.85
Pint of beer [1]1s 2d£1.50
Bottle of whisky [1]£1 13s 4d£43
Bottle of table wine [1]12s£15
20 cigarettes3s 6d [2]£4.50
Loaf of bread (white, unwrapped) [*]5½d60p
Loose leaf tea [*] 4oz10d£1
Sugar 1lb [*]5d50p
Pint of milk [*]5d50p
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 [*]1½d16p
Cabbages lb [*]2½d27p
Onions lb [*]4d42p
Oranges lb [*]9d95p
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 newspaper1d11p
Average house pricec£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).

References

[*] Data are derived from the Retail Prices Index from July 1947 to 2004

[1] Hansard HC Deb 22 May 1980 vol 985 c336W

[2] 'Labour stinging the poor' published in The Manchester Guardian, 2 November 1950, page 6

By Steven Braggs, December 2021

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