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1935: A Morgan Aero Super Sports was £135. Average annual salary was £200. Price of an average three bedroom house was £535. A pint of beer was 2p (5d). A gallon of petrol was 18d (7.5p). 2010: Average annual salary £24000. Average house price, £224000. A pint of beer, £2.5. A gallon of petrol, £5.18. A restored 1935 Morgan Aero Super Sports might sell at an average of £30,000. Comparisons: 1935: An annual salary would buy 10,000 pints of beer. An annual salary would buy 2666 gallons of petrol. An average house was almost 4 times as expensive as a Morgan Aero Super Sports. A house was the equivalent of 7133 gallons of petrol. A 1935 Morgan Aero Super Sports cost 67.5% of the average annual salary. An interesting comparison is the ratio of the cost of a gallon of petrol and the price of a Morgan, which would purchase 1800 gallons of petrol. 2010: An annual salary will buy 8800 pints of beer. An annual salary will buy 4247 gallons of petrol. An average house value at £224000 will buy nearly 7.5 restored Morgan Aero Super Sports. An average house value at £224000 will buy 43,243 gallons of petrol. The price of a restored 1935 Morgan Aero Super Sports, at £30000 will buy, 5791 gallons of petrol. In order to maintain the same ratio (as 1935) between petrol prices and an average salary, the price of a gallon of petrol in 2010 would have to be £8.25 |