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Hello all,
Stumbled across these inflation calculators online. Thought they’d be a good way of seeing if we’ve managed tickets keep our prices on track, especially those who have been at this longer.
So here’s how it works. You put in a price and select the year. It then shows you how much it is worth today (or vis versa as you can reverse it).
So a £10 job in 2010 would be worth £13.18 today.
Could also be handy when you get ‘ohh my window cleaner use to charge’ comments. For instances, my grandfather mentioned how he charged £1.50 for a small bungalow. However, this was back in 1980. Today that’s just under £7.50, which in some areas is a standard price for a small bungalow.
These may end up being of of no use but still fun to pay around with. I’ll attach two. The Bank of England one is easier to use but doesn’t allow decimal places. It also doesn’t estimate 2019. The second one has more options and does both those things.
Enjoy!
https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator
https://www.thisismoney.co.uk/money/bills/article-1633409/amp/Historic-inflation-calculator-value-money-changed-1900.html
Stumbled across these inflation calculators online. Thought they’d be a good way of seeing if we’ve managed tickets keep our prices on track, especially those who have been at this longer.
So here’s how it works. You put in a price and select the year. It then shows you how much it is worth today (or vis versa as you can reverse it).
So a £10 job in 2010 would be worth £13.18 today.
Could also be handy when you get ‘ohh my window cleaner use to charge’ comments. For instances, my grandfather mentioned how he charged £1.50 for a small bungalow. However, this was back in 1980. Today that’s just under £7.50, which in some areas is a standard price for a small bungalow.
These may end up being of of no use but still fun to pay around with. I’ll attach two. The Bank of England one is easier to use but doesn’t allow decimal places. It also doesn’t estimate 2019. The second one has more options and does both those things.
Enjoy!
https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator
https://www.thisismoney.co.uk/money/bills/article-1633409/amp/Historic-inflation-calculator-value-money-changed-1900.html