How much did things cost in 1961?

These are prices of some sample items in 1961.

How much were these prices for someone on an average income in 1961? To get a feel for this, I have adjusted them for the increase in incomes from 1961 to today. You can see these adjusted prices in the column 'Income adjusted'.

1961 priceIncome adjusted
Gallon of petrol4s 11d£14
Pint of beer2s ½d£5.80
20 cigarettes4s 6d£13
Pint of milk8d£2
Large loaf of bread1s 1½d£3.30
Cossor CR1602 reel-to-reel tape recorder£38 17s£2,300
17" GEC black & white TV (Currys)49 guineas£3,000
Morphy-Richards hair drier£3 10s 8d£210
The Daily Mirror newspaper2½d to 3d61p to 73p
Average house price£2,440£140,000
Britvic orange juice - 6 fl. oz. can10-11d £2.40-£2.70
Ford Anglia car£606£35,000
Tricity Kitchen Cold Junior refrigerator48 guineas£2,900
Creda Mercury Super Four - electric cooker£61 19s£3,600
Flatley 104 washing machine with wringer£17 17s£1,000
Boots Cologne bath size soap9d£2.20
Nescafé instant coffee (2oz tin) 2s 10d£8.30
Men's nylon shirt (St. Michael) from Marks & Spencer£1 15s 11d£110
Chips - 6 pence worth or 1 shilling's worth6d or 1s£1.50 or £2.90
Tri-ang Scalextric GP3 model car racing track£8 18s £520

The cost of buying a house on a mortgage was 6% in 1961. [1]

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 1961 adjusted for inflation see Infation adjusted prices for 1961


[1] 'Loans for Houses' published in Which? by the Consumers' Association, April 1961

By Steven Braggs, November 2021, updated May 2022

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