TOP 70 COST OF THINGS IN 1952 & FINANCE NOTES

TOP 70 COST OF THINGS IN 1952 & FINANCE NOTES

jeanniejeanniejeannie.co.uk BLOG Sunday 5th June 2022

 THOUGHT FOR THE DAY

AND

TOP 70 OF THE DAY

TOP 70 COST OF THINGS IN 1952 & FINANCE NOTES

  DESCRIPTION 1952 2022
       
1 Pint of Milk 4p 69p
2 Countrywide average House Price £1,891 £260,771
3 In 1952, the average property cost £1,891 — that is £56,000 in today’s money taking in normal inflation.
4 In 1952 a house was then worth four times the average salary- now it’s more than eight times annual wages
5 People owned their home 4,000,000 15,000,000
6 I Pint Beer 9p £4.08 on average
7 State Pension – Single Person £1.63 a week  £185.15
8 State Pension – Married  Couple £2.70 a week  £283.70
9 State Pension – Single Person £84.76 pa £9627.80
10 State Pension – Married  Couple £140.40 pa £14,752.40
11 The state pension as a per cent of average earnings 31% 23%
12 State pension age 65 Men – 60 Women 66 Both
13 No. of Pensioners 6.8 million 12.1 million
14 The average weekly food bill £1.08 In 2020, it was £63.90.
15 People owned a fridge 8% 98% today
16 Per cent of all spending  on tobacco 6% 1% today
17 Per cent of all spending  on alcohol 3% 2%
18 Per cent of all spending  on clothes 10% 4%
19 Radio licence £1 No Radio Licences issued
20 TV Licence £2 £159
21 Postage stamp for a letter 1½p 1st Class 95p
22 Daily Mail Newspaper 1½p 80p
23 Inflation 9.2% 9% Highest in 40 years
24 Inflation soared to double digits for eight years in the 1970s, peaking at 24.2 pc in 1975.  
25 There was a 30-year period of low inflation from the late 1980s, dipping to 0 per cent. in 2015  
26 Buying power of £1 £1 £35
27 Bank of England’s interest rate 2.5% 1%
28 The Bank of England’s interest rate jumped from 2.5 per cent to 4 per cent just after the Queen began her reign.
29 Interest rates hit 17 per cent in the 1970s and fell to a record low of 0.1 per cent during the pandemic.  
30 Household’s power from coal 96% 3%
31 Working women were still being refused mortgages in their own right until the 1970s  
32 Until 1990, married women were routinely taxed under their husband’s tax code.  
33 In the 1980s, a married woman’s income had to be declared on her husband’s tax return.  
34 Life expectancy for a baby boy 66.4 years 79 years
35 Life expectancy for a baby girl 71.5 years 82.9 years
36 Family Allowance 8s (That is 40p)  
37 Prescription charges 1s (That is 5p) £9.35 per item
38 The average male working full time earned £452 pa Both genders grouped £31,772
39 The average male working full time earnings in today’s money… £9,696 pa N/A
40 The average female worker earned £240 pa N/A
41 The average female working earnings in today’s money… £5,149 pa N/A
42 In 1952, 8.7 million people — 40 per cent of full-time employees — worked in manufacturing and six million in the public sector.
43 The most common occupation now is care worker.    
44 From the 1950s cremation became more popular as a cheaper alternative to burial.  
45 % of Cremations 19.8 % 80%
46 Average cost of a wedding £70 £32,000
47 Driving Test Cost 50p £62 Practical Test – £23 Theory Exam
48 Litre of Petrol 5p £1,69
49 Ford Anglia car £313 10 N/A
50 Loaf of Bread White Unwrapped 7d  
51 Only 14% of houses had a telephone.    
52 Ballpoint pen 5s (that is 25p) 13p
53 Holiday Blackpool Full Board 75p per day – £5.25 per Wk  
54 Spain 8 Days £20.17½  
55 French Riviera 8 Days £21.47  
56 Paris 5 Days £11.17½  
57 Record Player/Gramophone £14.00  
58 Radio  £12.70  
59 TV  £85  
60 Typewriter £20  
61 Clothing – Bra 40p  
62 Hoover washing machine £42.35p  
63 Haircut Men 5s (That is 25p)  
64 Hoover Junior vacuum cleaner £24  
65 Qualcast push lawn mower 94/-  
66 The Daily Mirror newspaper 1½d  
67 Radio Times 3d (That is 1½p)  
68 Coal – 1cwt  5s 6d (That is 27½p)  
69 20 cigarettes 3s 6d (That is 18p)  
70 1lb Poatoes 2½d (That is 1p)  
71 Mars Bar 6d (That is 2½p)  
       

 

TODAY’S FRONT PAGES

 

THE BRITISH BESTSELLING MUSIC TRACKS OF 1952

 

 

REMEMBER: The most wasted of all days is one without laughter.

– Nicolas Chamfort

 

INSPIRATIONAL QUOTE FOR THE DAY

Small steps in the right direction can turn out to be the biggest step of your life.

HAPPINESS IS…

Happiness is…a house for £1,891

GRANDAD’S ONE LINER JOKE OF THE DAY

Why was the broom late for work? It over-swept.

LOVE IS…

Love is…

PEARLS OF WISDOM

“If you want to leave footprints in the sands of time, don’t drag your feet.” —Anon.

TURN…TURN…TURN!

A time to pay 6d (2½ p) for a standard  Mars Bar…A time to pay 60p for a standard  Mars Bar.

 

 

 

©2022 Phil M Robinson

 

 

 


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