Five Ways to Compute the Relative Value of a U.K. Pound Amount, 1270 to Present

In 2018, the relative price worth of £0 1s 6d from 1898 is:
£8.21 using the retail price index
£8.44 using the GDP deflator
In 2018, the relative wage or income worth of £0 1s 6d from 1898 is:
£31.20 using the average earnings
£52.70 using the per capita GDP
In 2018, the relative output worth of £0 1s 6d from 1898 is:
£94.30 using the GDP
 

If you need help determining which result is most appropriate for you, see Choosing the Best Measure of Relative Worth.



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Citation

Lawrence H. Officer and Samuel H. Williamson, "Five Ways to Compute the Relative Value of a UK Pound Amount, 1270 to Present," MeasuringWorth, .

URL: www.measuringworth.com/ukcompare/


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