How much did things cost in 1966?

These are prices of some sample items in 1966.

How much were these prices for someone on an average income in 1966? To get a feel for this, I have adjusted them for the increase in incomes from 1966 to today. You can see these adjusted prices in the column 'Income adjusted'.

1966 priceIncome adjusted
Gallon of petrol5s 5d£12
Pint of beer2s 6d£5.50
20 cigarettes4s 7d£10
Pint of milk9½d£1.70
Large loaf of sliced bread (Co-op)1s 2½d£2.70
19" Pye 40/F black & white TV £72 19s 6d£3,200
Sanyo 6C-64D solo personal radio£5 19s 6d£260
Polaroid Swinger instant camera£9 19s 6d£440
The Daily Mirror newspaper4d73p
Average house price£3,558£160,000
Can of Pepsi Cola (Fine Fare)9½d £1.70
Ford Cortina car£659£29,000
Hotpoint Iced Diamond 50 refrigerator£53 11s£2,400
Family pack of Golden Wonder or Smiths crisps (Fine Fare)1s 11d£4.20
A dozen eggs3s 6d to 3s 9d£7.70 to £8.20
Margarine per lb1s 3d to 3s£2.80 to £6.60
Anchor butter per pound3s 4d to 4s£7.30 to £8.80
Tea ¼lb Typhoo tea loose leaf tea1s 5d to 1s 9d£3.10 to £3.80
Nescafé 4oz (Fine Fare)4s 3d£9.30
Scalextric 33 model car race track£6 1s 9d£270

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 1966 adjusted for inflation see Infation adjusted prices for 1966

By Steven Braggs, November 2021, updated May 2022

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