Liverpool Property News

VE Day comparisons

Gill - Head Gillian Bell May 8, 2020, 09:45 AM
171-Dataloft-VE-day-comparison

Friday 8th May marks 75th anniversary of VE Day, a day to pay tribute to the service and sacrifice of the Second World War generation and to reflect on how our lives have changed.

One dramatic change has been the cost of living and what money will buy today compared to 1945. Fortunately average earnings have risen steeply too.

In the UK in 1945 the average house price was £620, and average earnings were £214 per annum while the average weekly grocery shop cost just £0.45.

Prices haven't always followed continuous growth. For example computers cost less today because of the progress of technological innovation.

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