How much did things cost in 1975?
These are prices of some sample items in 1975.
How much were these prices for someone on an average income in 1975? To get a feel for this, I have adjusted them for the increase in incomes from 1975 to today. You can see these adjusted prices in the column 'Income adjusted'.
| 1975 price | Income adjusted | ||
|---|---|---|---|
| Gallon of petrol | 73p | £11 | |
| Bottle of whisky (Haig) (Key Markets) | £3.39 | £49 | |
| Bottle of sherry (Harvey's Bristol Cream) (Fine Fare) | £1.69 | £10.25 | |
| Watneys Party 4 (Peter Dominic) | 85p | £12 | |
| Watneys Party 7 (Peter Dominic) | £1.35 | £20 | |
| Pint of beer | 28p | £4.10 | |
| 20 cigarettes | 42p | £6.10 | |
| Pint of milk | 7p | £1 | |
| Large loaf of bread | 15p | £2.20 | |
| 22" Ultra colour TV (Currys) | £259.00 | £3,800 | |
| 20" Ferguson black & white TV (Currys) | £74.95 | £1,100 | |
| Daily Mirror newspaper | 5p | 73p | |
| Average house price | £11,000.00 | £160,000 | |
| ½lb Lurpack butter (Safeway) | 14p | £2 | |
| Nescafé 4oz coffee (Tesco) | 35p | £5.10 | |
| Can of coke (Tesco) | 7½p | £1.10 | |
| Ford Cortina car | £1765.00 | £26,000 | |
| Indesit fridge-freezer (Currys) | £109.95 | £1,600 | |
| Hotpoint Supermatic twin tub washing machine (Currys) | £122.95 | £1,800 | |
| Hoover Automatic Deluxe washing machine (Currys) | £145.95 | £2,100 | |
| Golden Wonder crisps | 8p | £1.20 | |
| One dozen large white eggs | 38p | £5.50 | |
| 1lb Stork soft margarine (Key Markets) | 20p | £2.90 | |
| Jacobs Cream Crackers (Sainsbury's) | 13p | £1.90 |
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 1975 adjusted for inflation see Infation adjusted prices for 1975
By Steven Braggs, updated May 2022
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