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What would it cost to buy something today that cost £9 in 1963?
My mother bought a hat for our wedding in 1963 which cost her £9. It practically cost as much as my dress! What would be the equivalent price today.
6 Answers
- Steven BLv 41 decade agoFavorite Answer
If you apply the increases in the Retail Prices Index (RPI) from Feb. 1963 to date, the equivalent of £9.00 in 1963 is £125 today.
NB. RPI has been rebalanced 3 times since 1963, hence why 3 separate calcs;
191.8/102.7 x 9.00 = £16.81
394.5/108.5 x 16.49 = £59.96
212.9/101.9 x 59.96 = £125.27
- Anonymous1 decade ago
As a general rule, a shilling (5p) in the early 1960s is equivalent to £1 today. So a £9 hat would be the equivalent of £180 in today's money.
The comparison doesn't necessarily apply to everything. The computer we had at my college cost tens of thousands of pounds - or about ten years' salary for a lecturer. My phone is more powerful.
- Anonymous1 decade ago
About £350-400
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- 1 decade ago
i think $250, but you should checkout if it does not have some historical element if so it can cost more.
