A new study of inflation since the Seventies by eMoov reveals that the cost of cinema tickets, stamps and cigarettes have all grown quicker than house prices over the past forty years. The average price of a house in 1974 was £9,927 with prices rising by 1,879% to £186,544 today. Cinema tickets rose in the same time by 2,133%, while a first-class stamp has risen from 3p in 1974 to 62p today a rise of 2,067%. Cigarette prices leapt 4,370% over the period, the highest rate of inflation in the comparison. At the other end of the scale, the price of flights has risen by 482% with a trip to San Francisco costing £225 in 1974 compared with £1,084 today.
The Daily Telegraph, Page: 8
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