How much did things cost in 1967?
These are prices of some sample items in 1967.
How much were these prices for someone on an average income in 1967? To get a feel for this, I have adjusted them for the increase in incomes from 1967 to today. You can see these adjusted prices in the column 'Income adjusted'.
| 1967 price | Income adjusted | |
|---|---|---|
| Gallon of petrol | 6s 5d | £14 |
| Pint of beer | 2s 6d | £5.30 |
| Watneys Red Barrel Export can | 1s 8d | £3.50 |
| 20 cigarettes | 4s 7d | £9.70 |
| Pint of milk | 10d | £1.80 |
| Large loaf of bread (wrapped) | 1s 2½d | £2.60 |
| 19" Bush black & white TV (Currys) | 59 guineas | £2,600 |
| The Daily Mirror newspaper | 4d | 71p |
| Average house price | £3,698 | £160,000 |
| 1lb of Anchor butter (Tesco) | 2s 11d | £6.20 |
| Pepsi Cola (Tesco) | 9½d | £1.70 |
| Ford Cortina car | £699 | £30,000 |
| Frigidaire refrigerator (Currys) | 59 guineas | £2,600 |
| 9lb of washing washed and dried in a Bendix launderette | 3s 10d | £8.10 |
| Morphy-Richards TOS electric toaster | £6 14s 7d | £290 |
| Philips EL3302 cassette tape recorder | £24 3s | £1,000 |
| Thermos 16 fl. oz. flask | 8s 7d | £18 |
| Servis Supertwin Mk3 - twin-tub washing machine | £84 5s 11d | £3,600 |
| Hoover Keymatic de luxe 3203 - automatic washing machine | £120 15s | £5,100 |
| Family pack of Golden Wonder crisps (Tesco) | 1s 9d | £3.70 |
| 1lb Stork margarine (Fine Fare) | 1s 6d | £3.20 |
| Antler Airway suitcase 26"x19"x7" | £10 19s 6d | £470 |
| Chad Valley washable teddy bear | £2 8s 11d | £100 |
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 1967 adjusted for inflation see Infation adjusted prices for 1967
By Steven Braggs, November 2021, updated May 2022
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