UK: Cost of living data on essential household items, property, fuel, insurance

The average wage in Britain has only grown 59% from £16,500 in 1997, to £28,000 in 2017.

Source: Cost of living data on essential household items, property, fuel, insurance – Business Insider

“Here are the key items that show price rises are way above the rate of wage increases:

  • Loaf of white bread — 1997: 52p, 2017: £1. Growth: 92%.
  • 6 large eggs — 1997: 80p, 2017: £1.50. Growth: 88%.
  • A pint of beer — 1997: £1.75, 2017: £3.50. Growth: 100%.
  • Average house price — 1997: £78,000, 2017: £222,484. Growth: 185%.
  • Average council tax bill — 1997: £688, 2017: £1,484. Growth: 116%.
  • Car insurance — 1997: £340, 2017: £767. Growth: 126%.
  • Litre of unleaded petrol — 1997: 57p, 2017: £1.20. Growth: 111%.
  • First class stamp — 1997: 26p, 2017: 65p. Growth: 150%.”
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