RPI inflation, 2008 to July 2026

£10.00 in 2008 is £19.51 today

That £10.00 bought 3.6 pints of lager in 2008. Today it buys 1.9.

Prices up 95%3.7% a year on averageMultiply by 1.95

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

£1 in 2008£1.95 today
It takes 2.0 of today's pounds to match one from 2008
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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.

Item2008Today
pints of lager£2.74 then, about £5.17 today3.61.9
first-class stampsoutran inflation30p then, £1.80 today335.6
dozen eggslagged inflation£2.60 then, about £2.38 today3.84.2
packs of 20 cigarettesoutran inflation£5.31 then, about £17.76 today1.90.56
kg of bananaslagged inflation90p then, about £1.09 today119.2
sliced white loaveslagged inflation£1.19 then, about £1.50 today8.46.7
litres of unleadedlagged inflation£1.07 then, about £1.47 today9.36.8
kg of roasting chickenlagged inflation£2.80 then, about £4.04 today3.62.5
pints of milklagged inflation42p then, about 70p today2414
boxes of tea bagslagged inflation£1.70 then, about £2.83 today5.93.5
pints of bitter£2.39 then, about £4.07 today4.22.5
nips of whisky£1.96 then, about £4.17 today5.12.4
kg of rump steak£11.00 then, about £20.21 today0.910.49
Same money, adjusted for inflation£10.00£19.51

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
£168,973 → £278,784
Up 1.6×, against 2.0× for prices generally
Average pay
£22,568 → £39,260
A year's average earnings, up 1.7×
Years of pay for a house
7.5 → 7.1
Average house price divided by average annual pay
If it had tracked wages
£17.40
What £10.00 in 2008 would be today if it had grown with pay rather than prices