You wouldn't believe how much the price of a pint has gone up

A pint of lager is now 20 times more expensive than it was in the 70s.

The average price of a pint has gone up by 1,948% since 1973, according to a study by Lloyds Bank Private Banking.

The study also found in another 40 years, an individual would need £3 million to enjoy the same lifestyle as a millionaire today.

“There is no doubt that the value of money has fallen dramatically since 1973,” said Lloyds’ Ashish Misra.

“It is likely to be reduced significantly further over the next 40 years even if inflation is kept firmly under control.”

A pint of lager cost 14p in 1973, and now costs an average of £2.87. Petrol prices have gone up by 17 times from 8p a litre to £1.41.

NOW READ:

Brown’s beer: Why cider is the world’s most misunderstood drink - part one

Social Bookmarks