How much did things cost in 1960?

These are prices of some sample items in 1960.

How much were these prices for someone on an average income in 1960? To get a feel for this, I have adjusted them for the increase in incomes from 1960 to today. You can see these adjusted prices in the column 'Income adjusted'.

1960 priceIncome adjusted
Gallon of petrol4s 8d£15
Pint of beer1s 10d£5.70
20 cigarettes4s 1d£13
A box of matches2d52p
Pint of milk8d£2.10
Bush television 54 guineas£3,500
Bush TR82 transistor radio 21 guineas£1,400
Qualcast Panther push lawnmower£8 2s 9d£510
The Daily Mirror newspaper2½d65p
Average house price£2,235£140,000
Ford Anglia car£589£37,000
Rolls Refrigomatic refrigerator57 guineas£3,700
Rolls Electromatic Twin Tub washing machine52 guineas£3,400
Hoover Junior vacuum cleaner£3 17s 4d£240
Colston dishwasher£89 5s 4d£5,600
Light bulbs1s 2d to 1s 8½d£3.60 to £5.30

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 income adjusted prices are based on the Bank of England's Three Centuries Macroeconomic Dataset Version 2.3 - 30 June 2016. I have updated the income figures based on the ONS: Series code KAB9, adjusted to bring the figures inline with the Bank of England's.

For a comparison of prices in 1960 adjusted for inflation see Infation adjusted prices for 1960

By Steven Braggs, November 2021, updated May 2022

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