How much did things cost in 1978?

These are the prices of some items from 1978:

1978 priceInflation adjusted
Gallon of petrol76p£3.50
Bottle of whisky (Haig) (Tesco)£4.15£19
Bottle of sherry (Harvey's Bristol Cream) (Tesco)£1.94£8.90
Watneys Party 4 (Tesco)99p£4.50
Watneys Party 7 (Co-op)£1.65£7.60
Pint of beer40p£1.80
20 cigarettes57p£2.60
Pint of milk12p55p
Large loaf of bread28½p-31p£1.30-£1.40
22" Bush colour TV with remote control and stand (Co-op)£340.00£1,600
12" Bush portable black & white TV (Co-op)£69.95£320
Daily Mirror newspaper7p-8p32-37p
Average house price£16,000.00£74,000
½lb Country Life English butter (Fine Fare)7½p34p
Nescafé 4oz coffee (Co-op)£1.07£4.90
Can of coke (Tesco)11½p 53p
Ford Cortina car£2767.00£13,000
Zoppas fridge-freezer (Currys)£115.95£530
Hoover twin tub washing machine (Currys)£159.95£740
Hoover automatic washing machine (Currys)£216.95£1,000
Golden Wonder crisps (Fine Fare) 12p55p
Half a dozen size 4 white eggs (Tesco)22½p£1
½lb Co-op super soft luxury margarine16p74p
Sharp pocket calculator with LCD display £10.95£50

Average weekly wages

Notes:

The inflation adjusted prices are based on the Consumer Price Index (CPI).

For a comparison of prices in 1978 adjusted for incomes see Income adjusted prices for 1978

By Steven Braggs, updated May 2022

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