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In 1915 would £10 have been classed as a lot? | French Riviera Real Estate Agents

In 1915 would £10 have been classed as a lot?

July 9th, 2009 | Tags: , ,
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  1. John R
    July 9th, 2009 at 21:37
    Reply | Quote | #1

    According to an online calculator in 2007, £10 from 1920s was worth £287.96 using the retail price index.

  2. Venus 1485AD
    July 9th, 2009 at 22:40
    Reply | Quote | #2

    The pound was worth more then, and prices were lower too. It was worth about 2.6 times as much as it is now, and prices were 10% or less what they are now. That means 15 pounds would’ve been worth about 320 euros or more in today’s money.

  3. bloggersvilleusa
    July 10th, 2009 at 00:57
    Reply | Quote | #3

    Using the online calculator at

    In 2007 (the latest year available),

    £10 0s 0d from 1915 was worth:

    £574.27 using the retail price index
    £797.83 using the GDP deflator
    £3,109.00 using the average earnings
    £3,567.31 using the per capita GDP
    £4,693.94 using the share of GDP

    If you need help determining which result is most appropriate for you, run the calculator and see Choosing the Best Indicator to Measure Relative Worth.

    For travel purposes, it’s worth noting that the price of a 3rd class steerage ticket on the Titanic in 1912 was £8, so your £10 could have bought you a one-way ticket to America and a date with an iceberg.

  4. Tim D
    July 10th, 2009 at 09:57
    Reply | Quote | #4

    France would have been in the First World War by then, that skews the value/worth of money. According to the Retail Price Index (RPI), dividing the RPI for November 2007 – 216.0 by the RPI for November 1915 – 4.8 sets the purchasing power of one pound in Britain in 1915 (not France but probably comparable) as £45 in 2007 so £10 would equate to £450. Inflation was just about to go through the roof in 1915 as the costs of the war increased. £10 would not have covered many (or any) days you describe.