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1863 money

ProfilePosted byOptionsPost Date

Battenburg

Battenburg Report 13 Feb 2008 03:05



A will leaving 8,000 pounds. What is that worth in todays money please

Peterkinz

Peterkinz Report 13 Feb 2008 04:28

£562,531.94 in 2007 using the retail price index


Peter

Battenburg

Battenburg Report 13 Feb 2008 06:10



Thanks Peter. Where did you find that information?

InspectorGreenPen

InspectorGreenPen Report 13 Feb 2008 06:35

http://www.measuringworth.com/index.html is the site to use.

The Purchasing Power (RPI) calculation is the one most people use, but there are others as well. For example, based on average earnings £8,000 would be worth almost £5 millions now, which shows you that relatively speaking, we earn ten times now what they did then.

Fascinating stuff.

Peter (Different one.....!)

Battenburg

Battenburg Report 13 Feb 2008 07:22



Thanks the other Peter

Peterkinz

Peterkinz Report 13 Feb 2008 08:24

Thanks Peter

Peter (the first one!!)