Prices in 1961 ?

[J4CKO]

Is this actually accurate ?



Seeing it doing the rounds,

But all I can find that a pint was 5 to 8 p equivalent, packet of fags 25p.

Sounds like a bit of over zealous nostalgia.

5 Pints, a taxi ride, a bus ride, charity donation, A curry, a Packet of cigarettes for 50p, worth about 11 quid now, I dont think it adds up.

Edited by J4CKO on Monday 29th March 19:04

[Jinx]

J4CKO said:

Is this actually accurate ?



Seeing it doing the rounds,

But all I can find that a pint was 5 to 8 p equivalent, packet of fags 25p.

Sounds like a bit of over zealous nostalgia.

5 Pints, a taxi ride, a bus ride, charity donation, A curry, a Packet of cigarettes for 50p, worth about 11 quid now, I dont think it adds up.

Edited by J4CKO on Monday 29th March 19:04

Need to remember that there were 12 old pence to the shilling and 20 shillings to the pound. So ten shillings was 120d. Charity donation was a tanner (6pence or 6d) so assuming the old pence was the measure then it could add up.

Edited to add - average weekly wage (gross) in 1961 was £15.1 or £15, 4 shillings and 4d. So a ten shilling note would be around 1/30 of your weekly wage. Assuming a weekly wage now of £721.4 then 1/30 is around £24. Still not enough for a night out but worth a little more than 50p.

Edited by Jinx on Monday 29th March 19:20

[Dr Jekyll]

Ten shillings then was equivalent to about £12 now. Obviously different things have inflated by different amounts but it sounds a but dubious to me.

[J4CKO]

Jinx said:

J4CKO said:

Is this actually accurate ?



Seeing it doing the rounds,

But all I can find that a pint was 5 to 8 p equivalent, packet of fags 25p.

Sounds like a bit of over zealous nostalgia.

5 Pints, a taxi ride, a bus ride, charity donation, A curry, a Packet of cigarettes for 50p, worth about 11 quid now, I dont think it adds up.

Edited by J4CKO on Monday 29th March 19:04

Need to remember that there were 12 old pence to the shilling. So ten shillings was 120d. Charity donation was a tanner (6pence or 6d) so assuming the old pence was the measure then it could add up.

That was my issue with it, the stuff I looked at said 5p for a pint of beer, but I dont think at any time in living memory there was a time where you could get 48 pints of beer for a pound so I think it was equivalent.

[bristolracer]

Not sure where he would find a curry house in 1961?
Yes there some about but pretty specialised and not really a thing in 61, chip shop maybe

[Jinx]

J4CKO said:

That was my issue with it, the stuff I looked at said 5p for a pint of beer, but I dont think at any time in living memory there was a time where you could get 48 pints of beer for a pound so I think it was equivalent.

Quick googlefu gives a figure of 1 shilling and 2 pence. So after 5 pints your 10 bob note would only have 4 shillings tuppence left. Buses were cheap though (3 or 4d depending on the journey 1960s Bus tickets ) so assuming 8d and the 6d charity donation we are down to 4 bob. 10 Cigarettes were around 2 bob in the 60s so we are left with 2 bob for a taxi and "chicken curry".

Edited by Jinx on Monday 29th March 19:35

[J4CKO]

Found this,




So a pint was 1 shilling 3 pennies for the cheapest, so 15 pennies.

240 in a pound, 120 pennies in a 10 Shilling note.

So 5 * 15 for the beers, 75 of your 120 pennies.

Edited by J4CKO on Monday 29th March 19:57

[Thankyou4calling]

Fake news

[eldar]

anonymous said:

[redacted]

My parents bought a nouse in 1961, £1,600. Sold last year for £845,000. Had an extra bedroom added, though

My parents sold it in 1970 for around £10,000.

https://www.rightmove.co.uk/house-prices/detailMat...

Edited by eldar on Monday 29th March 20:11

[J4CKO]

Thankyou4calling said:

Fake news

I shouldn't react but the older folk on Facebook spaffing themselves into a self righteous nostalgic, yet largely inaccurate frenzy drives me mad.

They do it over Quality Street but even when presented with the evidence showing they are actually cheaper now they carry on saying how things are "Scandalous".

We all get nostalgic but the amount of bks talked is astounding even compared to NP and E.

I should just leave them to their ramblings but they also slag kids off today as being "Snowflakes" at every opportunity.

[louiechevy]

J4CKO said:

Found this,




So a pint was 1 shilling 3 pennies for the cheapest, so 15 pennies.

240 in a pound, 120 pennies in a 10 Shilling note.

So 5 * 15 for the beers, 75 of your 120 pennies.

Edited by J4CKO on Monday 29th March 19:57

The old Simonds brewery building is at the bottom of the road I live in as I type this reply!

[TwigtheWonderkid]

anonymous said:

[redacted]

They were obviously rubbish at house buying. My friend's mum and dad bought their place in Fulham for £4K in 1962. Currently would sell for around £3m.

[Macneil]

Where would you get a chicken curry in 1961?

[threespires]

Macneil said:

Where would you get a chicken curry in 1961?

Next to Fones4U

[InitialDave]

Ah, yes, Schrödinger's days past. When everything was both so much better than it is today, while also being a brutally hard life people couldn't cope with now.

[J4CKO]

InitialDave said:

Ah, yes, Schrödinger's days past. When everything was both so much better than it is today, while also being a brutally hard life people couldn't cope with now.

Yep, very nicely put !

[austinsmirk]

And pubs shut in the afternoon and no one was getting a taxi anywhere in 1961, excepting London Town I guess.

Made up nostalgic nonsense. There’s a similar one for a £20 note: get drunk fri,sat and Sunday on it in the 80’s.

No you couldn’t.

[J4CKO]

I used to wake up in the very early nineties with the self recrimination of nailing forty quid in an evening the night before.

Taxis
Load of beer
Entry to the club
Shots
Hot Dog or burger from a van, or maybe a kebab.

Was then left with the standard 43 pence in loose change.

[MYOB]

You lot are lightweights. A good night out in London in the 90s used to cost me around £100...

In the late 80s I think I could manage a night out on 30 quids.

But yes, the above is fake news obviously.

[Saweep]

[redacted]