TOP 70 COST OF THINGS IN 1952 & FINANCE NOTES

5 June 20225 June 2022 Phil TOP 70 COST OF THINGS IN 1952 & FINANCE NOTES

TOP 70 COST OF THINGS IN 1952 & FINANCE NOTES

jeanniejeanniejeannie.co.uk BLOG Sunday 5^th 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)