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 priceIncome adjusted
Gallon of petrol6s 5d£14
Pint of beer2s 6d£5.30
Watneys Red Barrel Export can 1s 8d£3.50
20 cigarettes4s 7d£9.70
Pint of milk10d£1.80
Large loaf of bread (wrapped)1s 2½d£2.60
19" Bush black & white TV (Currys)59 guineas£2,600
The Daily Mirror newspaper4d71p
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 launderette3s 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. flask8s 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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