RPI inflation, 2007 to July 2026

£100 in 2007 is £203 today

That £100 bought 38 pints of lager in 2007. Today it buys 19.

Prices up 103%3.7% a year on averageMultiply by 2.03

Measured with the Retail Prices Index, the only official series that runs back to 1948. Use CPI instead.

£1 in 2007£2.03 today
It takes 2.0 of today's pounds to match one from 2007
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What £100 buys

Official average shop prices, not a basket. Things marked as outrunning inflation got dearer faster than everything else; things that lagged got relatively cheaper.

Item2007Today
pints of lager£2.62 then, about £5.17 today3819
first-class stampsoutran inflation30p then, £1.80 today33356
packs of 20 cigarettesoutran inflation£5.02 then, about £17.76 today205.6
dozen eggslagged inflation£1.94 then, about £2.38 today5242
kg of bananaslagged inflation87p then, about £1.09 today11592
litres of unleadedlagged inflation94p then, about £1.47 today10668
sliced white loaveslagged inflation90p then, about £1.50 today11167
pints of bitter£2.30 then, about £4.07 today4325
kg of roasting chicken£2.27 then, about £4.04 today4425
boxes of tea bags£1.55 then, about £2.83 today6535
nips of whisky£1.87 then, about £4.17 today5324
pints of milk37p then, about 70p today272144
kg of rump steak£9.66 then, about £20.21 today104.9
Same money, adjusted for inflation£100£203

The ONS stopped publishing these average prices in January 2025. Today's figures are that last reading moved on with inflation, so treat them as close rather than exact.

Houses and wages

Inflation is one story. What people earned, and what a home cost, are the other two.

Average house
£181,364 → £278,784
Up 1.5×, against 2.0× for prices generally
Average pay
£21,840 → £39,260
A year's average earnings, up 1.8×
Years of pay for a house
8.3 → 7.1
Average house price divided by average annual pay
If it had tracked wages
£180
What £100 in 2007 would be today if it had grown with pay rather than prices