How much did things cost in 1976?

These are prices of some sample items in 1976.

How much were these prices for someone on an average income in 1976? To get a feel for this, I have adjusted them for the increase in incomes from 1976 to today. You can see these adjusted prices in the column 'Income adjusted'.

	1976 price	Income adjusted
Gallon of petrol	77p	£9.60
Bottle of whisky (Haig) (Peter Dominic)	£3.75	£47
Bottle of sherry (Harvey's Bristol Cream) (Sainsbury's)	£1.78	£22
Pint of beer	33p	£4.10
20 cigarettes	45p	£5.60
Pint of milk	9p	£1.10
20" GEC colour TV (Currys)	£209.95	£2,600
12" Hitachi P20 portable black & white TV (Currys)	£69.95	£870
Sinclair Cambridge pocket calculator (Currys)	£8.95	£110
Daily Mirror newspaper	5p to 6p	62p to 75p
Average house price	£12,000.00	£150,000
½lb Delecando butter (Tesco)	16p	£2
Nescafé 4oz coffee (Tesco)	46p	£5.70
Can of coke (Key Markets)	9½p	£1.20
Ford Cortina car	£2026.00	£25,000
Zoppas fridge-freezer (Currys)	£145.95	£1,800
Hotpoint twin tub washing machine (Currys)	£112.95	£1,400
Hoover automatic washing machine (Currys)	£144.95	£1,800
Golden Wonder crisps (family pack) (Tesco)	19½p	£2.40
One dozen large white eggs	43p	£5.40
½lb Stork soft margarine (Tesco)	10½p	£1.30

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 1976 adjusted for inflation see Infation adjusted prices for 1976

How much did things cost in 1976?

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