Food for thought: applying house price inflation to grocery prices

By: Tristan Carlyon  Published: February 2013


Summary

If grocery prices had increased at the same rate as house prices since 1971, then:

  • A 4-pint carton of milk would cost £10.45
  • A chicken would cost £51.18
  • A bunch of 6 bananas would cost £8.47
  • A box of 6 eggs would cost £5.01
  • A loaf of sliced white bread would cost £4.36
  • A leg of lamb would cost £53.18
  • The average weekly expenditure on food for a family of four would be £453.23.

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