Basket of goods · 2024
What £1, £5 and £10 bought in 2024
£1 in 2024 has the CPI-adjusted purchasing power of £1.03 in 2025. Here's what that money actually bought back then.
Your budget in 2024
| Item | Price in 2024 | £1 buys | £5 buys | £10 buys | £50 buys |
|---|---|---|---|---|---|
| Big Mac (1 burger) | £4.59 | 0 | 1 | 2 | 10 |
| Litre of unleaded petrol (1 litre) | £1.41 | 0 | 3 | 7 | 35 |
| Loaf of white sliced bread (800g loaf) | £1.40 | 0 | 3 | 7 | 35 |
| Pint of draught lager (pint, in a pub) | £4.77 | 0 | 1 | 2 | 10 |
| Pint of milk (pint, pasteurised) | £0.65 | 1 | 7 | 15 | 76 |
Same money, different era
£10 in 2024 is equivalent to approximately £10.34 in 2025 purchasing power. £100 in 2024 is equivalent to £103.36. That is the "CPI-monetary" view, but the story of individual items is more mixed — some have inflated faster than the overall index, others slower.
Explore the full price history table to see how each item's inflation trajectory compares, or use the inflation calculator for any amount/year combination.
Frequently asked questions
- What did £1 buy in 2024?
- In 2024, a pint of draught lager cost £4.77, a litre of unleaded petrol £1.41 and a white sliced loaf £1.40 (ONS annual average prices). Full price table above.
- How much inflation between 2024 and 2025?
- Cumulative UK CPI inflation (ONS series D7BT) between 2024 and 2025 is approximately 3%. £1 in 2024 equates to roughly £1.03 in 2025 purchasing power. Individual items have inflated at very different rates - see the price table.
- Which item has risen most in price since 1990?
- Of the items with a published price in both 1990 and 2024, pint of draught lager rose most, from £1.22 to £4.77 (about 3.9 times), and pint of milk rose least, from £0.31 to £0.65 (about 2.1 times). Use the basket comparison table to see every item across all years.
- Is this the same data the Bank of England uses?
- Yes - the underlying index is ONS D7BT (UK Consumer Prices Index, All Items). The Bank of England's public inflation calculator uses the same series, so our figures match to within rounding. Individual item prices are separate: five are ONS RPI average-price series (bread, milk, eggs, draught lager, petrol) and the Big Mac comes from The Economist's Big Mac index data.
Sources
- ONS D7BT - CPI index, all items (the inflation adjustment)
- ONS CZOH - RPI: Ave price - Bread: white loaf, sliced, 800g
- ONS CZNT - RPI: Ave price - Milk: Pasteurised, per pint
- ONS CZNU - RPI: Ave price - Eggs: size 4 (55-60g), per dozen
- ONS CZMS - RPI: Ave price - Draught lager, per pint
- ONS CZMK - RPI: Ave price - Ultra low sulphur/Unleaded petrol, per litre
- The Economist - Big Mac index source data (Britain)
- Our methodology & full source list →