How much did things cost in 1962?

These are some prices of a few items in 1962.

1962 priceInflation adjusted
Gallon of petrol4s 11d£4
Pint of beer2s 1d£1.70
20 cigarettes4s 6d£3.70
Pint of milk8½d58p
19" Ekco black & white TV (Currys)67 guineas£1,100
Bush TR104 personal transistor radio £15 4s 6d£250
The Daily Mirror newspaper3d20p
Average house price£2,599£42,000
Cola (Fine Fare)9d61p
Ford Cortina car£597£9,700
Hotpoint Iced Diamond Super F50 refrigerator£55 13s£910
Hoover 65 twin tub - washing machine (Currys)65 guineas£1,100
Kenwood Chef mixer£28 19s 6d£470
Morphy-Richards Atlantic electric iron£2 12s 6d£43
Smiths crisps - 1 pack 4d27p
Heinz Cream of Tomato Soap (tin)1s 3d£1
Del Monte tinned fruit salad1s 9d to 2s 11d£1.40 to £2.40
Nylon stockings (St. Michael) from Marks & Spencer5s 6d£4.50
Agfacolour CT18 colour 35mm film including processing£1 11s 9d£26
Smiths Astral T152 men's wristwatch £7 10s£120
12 months membership of a 'Top Rank' health club £18 18s£310
Television rental (per week)8s to 12s£6.50 to £9.80
Olympia Splendid 33 portable manual typewriter£23£370
Ronson (model 21) electric razor£6 19s 6d £110

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).

For a comparison of prices in 1962 adjusted for incomes see Income adjusted prices for 1962

By Steven Braggs, November 2021, updated May 2022

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