RPI inflation, 1954 to July 2026

£100 in 1954 is £4,007 today

That £100 bought 385 dozen eggs in 1954. Today it buys 42.

Prices up 3,907%5.2% a year on averageMultiply by 40.07

Measured with the Retail Prices Index, the only official series that runs back to 1948. Use CPI instead.

×40 £1 in 1954£40.07 today
It takes 40.1 of today's pounds to match one from 1954
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What £100 buys

Official average shop prices, not a basket. Things marked as outrunning inflation got dearer faster than everything else; things that lagged got relatively cheaper.

Item1954Today
dozen eggslagged inflation26p then, about £2.38 today38542
pints of milklagged inflation3p then, about 70p today3,448144
Same money, adjusted for inflation£100£4,007

The ONS stopped publishing these average prices in January 2025. Today's figures are that last reading moved on with inflation, so treat them as close rather than exact.

Houses and wages

Inflation is one story. What people earned, and what a home cost, are the other two.

Average house
£1,863 → £278,784
Up 149.6×, against 40.1× for prices generally