Price of things in 1971?

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DavieC

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Saw this in a pub yesterday, it would be great if things still cost the same as 1971.
IMG_20191117_113739.jpg
 
Only if our wages stayed at today's rates. Would be interested not see what the cost of a pint relative to a month's wages was in 1971 Vs today.
 
WOW I was 7 then and if the drinks were that price now I would be in the pub every day, but then again I like drinking my own brews and they are only 6 or 7 times(ish) more expensiveashock1
 
Works out at about £1.40 a pint in today's money. If we didn't have to pay the ridiculous taxes on beer that we do now, then it wouldn't be significantly cheaper.
 
ah those were the days !!! the good lady and I could have a good Saturday night out 20 fags and fish and chips on the way home and still have change from a fiver cant even get a fish for a fiver today
 
I did this price/wage comparison on another thread a few months ago.

The results were shocking!!!

Beer was as cheap as chips in the 70s (pub/club prices only)

Electronics items were however pro rata MORE expensive.
Some foods are also cheaper today.
 
Only if our wages stayed at today's rates. Would be interested not see what the cost of a pint relative to a month's wages was in 1971 Vs today.
We didn't get a month's wages is 71, we had a week's wages. Didn't know anyone who was paid by the month, but I'm sure they'd have been on a "salary".
Your point is well taken, though. I seem to remember that even though I was not well off then, I could afford quite a bit of beer. Maybe it was a question of priorities, but the budget had to be shared with fags as well.
 
I can't make out the earlier part of the date, but decimalisation was on the 15th Feb. That was an excuse for a general hiking of prices and good old ripping off. Still, Guinness at 16p a pint sounds good even if it was less than three bob the day before. I went through the same experience in Oz in 66 where instead of decimalising the pound, they decimalised the 10/-. Much more open and transparent.
 
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I used to get £3 for a full day Saturday in a camera shop in 1973, Could drink myself legless on that at about six pints to the pound.

Of course in those days the brewery chairman was not on £millions either.!!!
all has to be paid for in the end.
 
Just checking: "pence" is like the US penny, more or less? That would make what's on the chart some very affordable beer even if it is '71, right?
Pounds I get but never absorbed the intricacies of the rest even though they are probably completely straight forward.
 
I can't make out the earlier part of the date, but decimalisation was on the 15th Feb. That was an excuse for a general hiking of prices and good old ripping off. Still, Guinness at 16p a pint sounds good even if it was less than three bob the day before. I went through the same experience in Oz in 66 where instead of decimalising the pound, they decimalised the 10/-. Much more open and transparent.
When I first saw this thread I thought "that ain't right". But you've done the footwork, and I guess it is right. I'm amazed "Light" was 10p back then, not because it were cheap, but because it wasn't 2/-.
Not that I'd want to pay even 2d for it, I'd probably still prefer Cream Soda :vomitintoilet:




EDIT: I got Scotland Yard on it (what? … no I'm not fibbing … and what you mean by "... again"?) and you can't see the earlier part of the date 'cos it don't exist - just says "Feb 1971".
 
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ah those were the days !!! the good lady and I could have a good Saturday night out 20 fags and fish and chips on the way home and still have change from a fiver cant even get a fish for a fiver today
Lucky git. You had a fiver back then? (Flippin' rich kids).
 
My first wage packet was £22 which was paid weekly in hand, no one had a bank account back then as we didn't need one.
 
Just checking: "pence" is like the US penny, more or less? That would make what's on the chart some very affordable beer even if it is '71, right?
Pounds I get but never absorbed the intricacies of the rest even though they are probably completely straight forward.
"pence" is the plural of "penny". Prior to decimalisation there were 240 pence in a pound (£), while after there were 100 new pence to the same pound. So said pint of Guinness at 16p would have been 1 shilling and fourpence in old money, but the equivalent of 3 shillings and threepence in the new. No wonder people were confused, especially after the tenth pint.
Five years earlier, Australia decimalised by making the old pound (£) of 240 pence into two dollars of 100 cents each. The outcome being that there were 200 cents to the old pound instead of 240 pence. Much easier to convert, but even then there was a bit of price-hiking.
And who decimalised the UK £? That party of clarity and transparency who we still love and trust for their honesty and integrity, even today.
Yep, good old Ted Heath's lot. Nothing's changed for the better, I fear.
 
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