RPI inflation, 1985 to July 2026

£100 in 1985 is £443 today

That £100 bought 103 kg of bananas in 1985. Today it buys 92.

Prices up 343%3.7% a year on averageMultiply by 4.43

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

£1 in 1985£4.43 today
It takes 4.4 of today's pounds to match one from 1985
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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.

Item1985Today
kg of bananaslagged inflation97p then, about £1.09 today10392
first-class stampsoutran inflation17p then, £1.80 today58856
kg of roasting chickenlagged inflation£1.76 then, about £4.04 today5725
dozen eggslagged inflation84p then, about £2.38 today11942
pints of milklagged inflation23p then, about 70p today439144
kg of rump steaklagged inflation£6.31 then, about £20.21 today164.9
sliced white loaveslagged inflation40p then, about £1.50 today25067
Same money, adjusted for inflation£100£443

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
£34,378 → £278,784
Up 8.1×, against 4.4× for prices generally
Average pay
£6,838 → £39,260
A year's average earnings, up 5.7×
Years of pay for a house
5.0 → 7.1
Average house price divided by average annual pay
If it had tracked wages
£574
What £100 in 1985 would be today if it had grown with pay rather than prices