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£1000 in 1941

ProfilePosted byOptionsPost Date

Paul

Paul Report 9 Jul 2003 20:25

What would £1000 in 1941, be equivalent to in 2003?

Susan

Susan Report 9 Jul 2003 21:14

Found a site that works it out. And it says £1000 old money in 1941 would be worth £34734.90!! I never realised it would be that much!! Susan

Unknown

Unknown Report 9 Jul 2003 21:30

Hi, Yes, you've only got to read P.G Wodehouse (Jeeves) to see that someone then with an income, that is living on the interest, of 2 thousand could afford a life of leisure and even employ servants. Even when I started work in the mid 50s £10 a week £520 a year was a reasonable wage.

Janet

Janet Report 9 Jul 2003 21:30

£22,141.35 I worked this out using the RPI figures on government website. www.statistics.gov.uk then have a trawl through the economics section. Don't spend it all at once! Janet

BillinOz

BillinOz Report 10 Jul 2003 07:38

In the Army in 1952, I started on 28bob a week.