�18000 in 1976 equivalent today?

Velvetee | 18:59 Tue 20th Jan 2009 | Personal Finance

5 Answers

I've just been watching an episode of The Good Life from 1976, where there was mention of Gerry's salary, being �18000 per annum.

I've been searching online, but can find nothing as to what the equivalent would be today. Does anyone know?

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Lil O'lady

Quite a lot, if you trust this calculator!
http://www.measuringworth.com/ukcompare/

Ethel

�93,386.89 using the retail price index
�94,532.08 using the GDP deflator
�148,145.33 using the average earnings
�183,120.61 using the per capita GDP
�198,622.80 using the share of GDP

Velvetee

Question Author

Many thanks all.

carrot99

My three-bed terraced house in SE London cost me �9,500 in 1976 and we struggled to pay it. If the mortgage was about twice my partner's and once my income we were probably both earning around �3000 pa. I was a full-time office worker and he was a full-time HGV driver.

I

horselady

On the back of the picture cut out of the local paper when we got married, there are some beautiful houses for sale for the princely sum of �1,500. OK so it was 1969 but just imagine!!

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