Saturday, 25 April 2026

1970s prices

The 1970s in the UK were marked by a mix of economic growth and inflation. Here are some key price points from that decade, reflecting the economic conditions of the time, with inflation being a significant factor in the cost of living. The figures are not absolutes, but averaged over those from a number of different sources. The given price of petrol is based on £1.22 per lire. Today's price is £1.55/litre, £7.05/gallon.
Despite the rising prices, there was a slight improvement in living standards compared to the 1960s.

Item1970197519792026
Monthly Pay£121£260£403£3158
House£4,975£10,388£19,925£285,000
Fort Cortina£690£1,840£3995£26,135
Fridge£32.55£1000£148£200
TV£73-£249£60-£259£73-£260£100-£500
Bottle Scotch£2.69£4.19£4.75£20.25
Gallon Petrol32p57p75p£5.54
Pack Cigarettes20p42p67p£17
Pint Beer15p24p45p£4.77
Dozen Eggs20p36p56p£1.85
Loaf Bread7p15p25p£1.40
Pack Crisps3p8p20p42p
Pint Milk4p8p15p52p

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