RPI inflation, 2018 to July 2026

£100 in 2018 is £149 today

That £100 bought 27 pints of lager in 2018. Today it buys 19.

Prices up 49%4.8% a year on averageMultiply by 1.49

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

£1 in 2018£1.49 today
It takes 1.5 of today's pounds to match one from 2018
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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.

Item2018Today
pints of lager£3.64 then, about £5.17 today2719
first-class stampsoutran inflation67p then, £1.80 today14956
litres of unleadedlagged inflation£1.25 then, about £1.47 today8068
kg of bananaslagged inflation93p then, about £1.09 today10892
dozen eggslagged inflation£1.96 then, about £2.38 today5142
packs of 20 cigarettesoutran inflation£10.23 then, about £17.76 today9.85.6
kg of rump steaklagged inflation£15.72 then, about £20.21 today6.44.9
pints of bitter£3.06 then, about £4.07 today3325
pints of milk44p then, about 70p today227144
boxes of tea bags£2.00 then, about £2.83 today5035
sliced white loaves£1.06 then, about £1.50 today9467
kg of roasting chicken£2.82 then, about £4.04 today3525
nips of whisky£2.87 then, about £4.17 today3524
Same money, adjusted for inflation£100£149

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
£214,163 → £278,784
Up 1.3×, against 1.5× for prices generally
Average pay
£27,040 → £39,260
A year's average earnings, up 1.5×
Years of pay for a house
7.9 → 7.1
Average house price divided by average annual pay
If it had tracked wages
£145
What £100 in 2018 would be today if it had grown with pay rather than prices