How much did things cost in 1973?
These are the prices of a some items from 1973:
| 1973 price | Inflation adjusted | |
|---|---|---|
| Gallon of petrol | 39p | £3.60 |
| Bottle of whisky (Haig) (Co-op) | £2.45 | £23 |
| Bottle of sherry (Harvey's Bristol Cream) (Co-op) | £1.45 | £14 |
| Watneys Party 4 (Co-op) | 45p | £4.20 |
| Watneys Party 7 (Mac Markets) | 78p | £7.30 |
| Pint of beer | 18½p | £1.70 |
| 20 cigarettes | 26½p | £2.50 |
| Pint of milk | 5½p | 51p |
| Large loaf of bread | 11½p | £1.10 |
| 22" Pye colour TV (Currys) | £208.90 | £1,900 |
| 24" Ferguson black & white TV (Currys) | £61.75 | £580 |
| The Daily Mirror newspaper | 3p | 28p |
| Average house price | £9,000.00 | £84,000 |
| ½lb Lurpack Danish butter (Tesco) | 10½p | 98p |
| Nescafé 8oz coffee (Tesco) | 54p | £5 |
| Can of Coke (Mac Markets) | 5½p | 51p |
| Ford Cortina car | £1,075.00 | £10,000 |
| Polaris refridgerator (Currys) | £30.95 | £290 |
| Hotpoint Supermatic twin tub washing machine (Currys) | £73.36 | £680 |
| Bendix Autowasher Deluxe automatic washing machine (Currys) | £106.95 | £1,000 |
| Golden Wonder crisps | 2½p | 23p |
| One dozen large white eggs | 32p | £3 |
| 1lb Stork Soft margarine (Tesco) | 12½p | £1.20 |
Average wages
- Full-time manual worker - male (aged 21 and over) £38.10
- Full-time manual worker - female (aged 18 and over) £19.70
Pools wins
In June 1973 Mr Denis Plant won £362,550 with Littlewoods Pools. Allowing for inflation that would be worth £3 million today.
Notes:
The inflation adjusted prices are based on the Consumer Price Index (CPI).
For a comparison of prices in 1973 adjusted for incomes see Income adjusted prices for 1973
By Steven Braggs, updated May 2022
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Comments
The inflation adjusted price for 20 cigarettes looks wrong compared to all the other values.
Should be more like £2+.
I agree. It does look wrong. I'll have a look
Hi Steven,
Thanks - glad I understand it and not going mad!
Love your site.
Yes it was wrong. I have updated it thanks