How much did things cost in 1988?

These are the prices of some items from 1988:

1988
price
Inflation
adjusted
Gallon of petrol£1.72£4
Bottle of whisky (Bell's) (Co-op)£8.29£19
Bottle of sherry (Harvey's Bristol Cream) (Co-op)£3.89£9.10
Carlsberg Special Brew - 1 large can (Spar)89p£2.10
Pint of beer (bitter)91p£2.10
Pint of lager98p£2.30
20 cigarettes£1.48£3.40
21" Philips colour TV with Teletext and remote (Dixons)£399.99£930
Saisho VHS recorder (Dixons)£229.99£540
Sanyo Camcorder + 14" colour TV with Teletext (Dixons)£1099£2,600
Amstrad computer with disk drive (Dixons)£349.99£820
Hotpoint fridge-freezer (Currys)£349.99£820
Samsun microwave oven (House of Fraser)£139.99£330
Hotpoint automatic washing machine (Electricity Board Shop)£269.99£630
Daily Mirror newspaper20p47p
Average house price£65,000£150,000
250g Acorn butter (Gateway)46p£1.10
Pepsi cola 2 litres (Tesco)75p £1.80
Ford Sierra RS Cosworth£20,000£47,000
Spar crisps 6 packs59p£1.40
Dozen size 4 eggs (Tesco)69p£1.60
Krona margarine 250g (Safeway)29p68p

Notes:

The inflation adjusted prices are based on the Consumer Price Index (CPI).

For a comparison of prices in 1988 adjusted for incomes see Income adjusted prices for 1988

By Steven Braggs, February 2021, updated May 2022

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