Five Ways to Compute the Relative Value of a U.K. Pound Amount, 1270 to Present
In 2021, the relative price worth of £1000 0s 0d from 1878 is: |
£103,000.00 using the retail price index |
£115,000.00 using the GDP deflator |
In 2021, the relative wage or income worth of £1000 0s 0d from 1878 is: |
£513,000.00 using the average earnings |
£854,000.00 using the per capita GDP |
In 2021, the relative output worth of £1000 0s 0d from 1878 is: |
£1,910,000.00 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, .
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