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If Hutch was paid £5 for his trouble, it would have been the equivalent, in real terms (purchasing power) to £2,512.11d.
It's a pity a fiver doesn't go so far these days, hey?
It's a pity a fiver doesn't go so far these days, hey?
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Crystal,
but nowadays £2,512.11d won't even buy one a decent salmon.
Mikehuh?Comment
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Hello Crystal,
I must dispute your conversion .
Are you suggesting that one pound in 1888 =five hundred pounds in todays currency?
That would make a unskilled labourer earning a good wage even today.
McCarthys rents [ marys room ] approx one hundred and thirteen pounds p/w
Over four pounds for a 2d glass of gin.
I am glad i did not live around then.
Regards Richard.Comment
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Richard -
it depends on which index you use. RPI, the £5 in 1888 would have been worth £399.32 in 2007Comment
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Hi Crystal,
I agree with that figure, i originaly got the impression you were interpreting Hutchinsons Five pounds, as equivilent to Two thousand five hundred pounds, and four hundred pounds would obviously be the correct figure.
Regards Richard.Comment
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