Year by year, in 2025 prices
| Year | £1 | 1 shilling | 1 penny | £100 |
|---|---|---|---|---|
| 1960 | £32.35 | £1.62 | £0.13 | £3,235 |
| 1961 | £31.27 | £1.56 | £0.13 | £3,127 |
| 1962 | £29.97 | £1.50 | £0.12 | £2,997 |
| 1963 | £29.42 | £1.47 | £0.12 | £2,942 |
| 1964 | £28.47 | £1.42 | £0.12 | £2,847 |
| 1965 | £27.20 | £1.36 | £0.11 | £2,720 |
| 1966 | £26.17 | £1.31 | £0.11 | £2,617 |
| 1967 | £25.50 | £1.27 | £0.11 | £2,550 |
| 1968 | £24.37 | £1.22 | £0.10 | £2,437 |
| 1969 | £23.12 | £1.16 | £0.10 | £2,312 |
Money in the 1960s
Inflation began to pick up. The pound was devalued again in 1967, and Britain prepared for decimal money: the half crown was withdrawn at the end of 1969.
Prices rose about 40% between 1960 and 1969. These figures compare the cost of everyday goods and services. Wages, house prices and the size of the economy all grew at different rates, so a 1960s salary or fortune would look bigger still if compared with what people earn or own today.
Source: Office for National Statistics composite price index (CDKO), Open Government Licence v3.0. Figures are rounded.
Other decades: 1800s · 1810s · 1820s · 1830s · 1840s · 1850s · 1860s · 1870s · 1880s · 1890s · 1900s · 1910s · 1920s · 1930s · 1940s · 1950s · 1960s · 1970s
Common questions
How much was £1 in 1960 worth today?
About £32.35 in 2025 prices, based on the ONS composite price index.
How much was £1 in 1965 worth today?
About £27.20 in 2025 prices.
How much was a shilling in 1965 worth today?
About £1.36. A shilling was 1/20 of a pound, or 5p in decimal money.