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Inflation comparison

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podmm | 01:36 Sun 15th Dec 2002 | News
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Is there a site where you can compare what ,for instance, �200 in 1986 is equivalent to now?
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This type of calculation is not always as straighforward as you might think. But if you click on http://www.ex.ac.uk/~RDavies/arian/current/howmuch
.html
you will be taken to a page that lists a number of websites with inflation calculators. One of these is the EH Net Calculator - http://www.eh.net/ehresources/howmuch/poundq.php - which says �200 in 1986 would be worth about �354 today.
A very rough'n'ready method is to work on the basis that prices double every nine years or so. A house worth �50,000 in 1984 would probably sell today for �200,000.
'This is Money' has all sorts of Money calculators - check it out here.......... http://www.thisismoney.com/undated/ff954.html
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Thanks for all the replies to my question on inflation comparison

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