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 lager | 98p | £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 newspaper | 20p | 47p |
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 packs | 59p | £1.40 |
Dozen size 4 eggs (Tesco) | 69p | £1.60 |
Krona margarine 250g (Safeway) | 29p | 68p |
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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