RPI inflation, 1956 to July 2026

£10.00 in 1956 is £365 today

That £10.00 bought 50 dozen eggs in 1956. Today it buys 4.2.

Prices up 3,554%5.2% a year on averageMultiply by 36.54

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

×37 £1 in 1956£36.54 today
It takes 36.5 of today's pounds to match one from 1956
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What £10.00 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.

Item1956Today
dozen eggslagged inflation20p then, about £2.38 today504.2
pints of milklagged inflation3p then, about 70p today32314
Same money, adjusted for inflation£10.00£365

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
£1,996 → £278,784
Up 139.7×, against 36.5× for prices generally