The Price of petrol..

[Down_Rover]

.. was 32p per gallon when I worked at Whitegate Garage circa 1970.

only a couple of years earlier it cost 9d for me to get into Turf moor and Uncle George paid the extra 6d to get into the enclosure, I make that 6p in todays money

Now petrol costs in the region of £6 per gallon and a ticket to the match say £30.

Petrol has increased by a multiple of nearly 19 and football over 500

Now I thought petrol had increased at a rapid rate but can anything beat football for inflation? Twix excluded of course

[Leisure]

Still football but players wages will be well over 500!

[AfloatinClaret]

Where Twixes around in 1970? I can recall Mars Crunchy and Milky Ways but I'm not sure I recall them.

[minnieclaret]

32p a gallon and 10x green shield stamps.

[2 Bee Holed]

In 1970 a new mini cost about £600.
In 1974 a brand new, 3 bed semi detached house in Baxenden, cost about £4,000.
So the average weekly wage was £32. Multiply this by 125 you get £4,000.
Now if the average weekly wage is say £500/week x 125 = £62,500.
Now can you buy a new 3 bed semi fo £62,500???

[Bosscat]

If people wish to compare costs fro 1970's to today

https://www.retrowow.co.uk/social_histo ... 's%20money).

[alf_resco]

Now can you buy a new 3 bed semi fo £62,500???

No you can't but there are a few things cheaper than way back then: my future in-laws paid £350 for a 22" colour tv in 1974.
By your "weekly wage" reckoning that would equate to nigh on £5000 now.
Last year I bought a superb brand new LG 43" smart tv for £230.

My then girlfiend and I flew LHR - Toronto return for £74 each in 1973 - that would have been 2 weks wages' worth. Just before the pandemic we flew LHR - Boston (similar length flight) for £149 - less than a third of your quoted average wage.

But of course, I agree that in general things are hugely more expensive.

As my Dad used to say, "Only the rain comes down; everything else goes up."

[beddie]

I noticed over the last few weeks they put diesel up quite a lot. 2 months ago during lockdown we were paying £1:18 for Esso, it then went up on 1 May to £1:23 and at the weekend they put it up again to £1:28.

[Foulthrow]

On the Price of Football podcast (well worth a listen) Kieran Maguire went through Manchester United’s accounts from the 1970s. The top paid player was on £32,000 a year and they made 2 grand from broadcasting in a year!,,

[Hipper]

.. was 32p per gallon when I worked at Whitegate Garage circa 1970.

only a couple of years earlier it cost 9d for me to get into Turf moor and Uncle George paid the extra 6d to get into the enclosure, I make that 6p in todays money

Now petrol costs in the region of £6 per gallon and a ticket to the match say £30.

Petrol has increased by a multiple of nearly 19 and football over 500

Now I thought petrol had increased at a rapid rate but can anything beat football for inflation? Twix excluded of course

How many couple of years earlier did you get in for 9d? Around 1970 I'm pretty sure it was 5s (60d) for an adult on the terrace. In fact I think that was the standard minimum price.

A twix was 3d about that time - it was first made in the late 1960s. The match day programme was 1s (12d) in 1970.

[GodIsADeeJay81]

Average house price is reported as being £330k ish...

Stupid money for what are often poorly built houses.

[tarkys_ears]

1) Whats a gallon

2) You could buy a house for about 700 quid

[what_no_pies]

The published rates of inflation are a nonsence. Inflation in real terms is much closer to 10% a year vs the typically stated 1 to 2% figures.

[Down_Rover]

How many couple of years earlier did you get in for 9d? Around 1970 I'm pretty sure it was 5s (60d) for an adult on the terrace. In fact I think that was the standard minimum price.

A twix was 3d about that time - it was first made in the late 1960s. The match day programme was 1s (12d) in 1970.

1967

[tim_noone]

Average house price is reported as being £330k ish...

Stupid money for what are often poorly built houses.

Houses on the old pontins site close to the sand hills are priced from....£133.000 in Colne on an old factory site on Skipton road near the heavily used mini roundabout houses are priced from only...£144.000 no Brainer gotta be Colne hasn't it??

[cricketfieldclarets]

Did notice the price of fuel has rocketed yesterday. Hasn’t occurred to me until recently.

Anyone cash in this time last year when barrel prices had crashed?

[Guppyspotter]

During lockdown last year diesel was down to 99p a litre when nobody could enjoy it.