UK Cost of Living

 In 1964, the average price of four-star petrol in the UK was approximately **5 pence per litre**.
5 pence per litre in 1964 is equivalent to approximately **£1.20 per litre** today.

In 1964, the average annual salary in the UK was approximately **£1,000** for male manual workers and **£500** for female manual workers.
Adjusting for inflation, the average annual salary in the UK in 1964 would be approximately **£25,000 to £30,000** in 2025 terms.

In 1964, the average price of a loaf of bread in the UK was around **9 pence**.
Adjusting for inflation, **9 pence in 1964** would be approximately **£1.60 to £1.70** in 2025 terms.

The average price per mile of a railway journey in the UK in 1964 was approximately 2.5 pence (pre-decimal currency), which is equivalent to about £0.50 (50 pence) per mile when adjusted for inflation to today’s values (2025).

In 1964, the road tax for a Ferrari 275 GTB in the UK would have been based on its engine size and horsepower. Given that the Ferrari 275 GTB had an engine capacity of around 3.3 litres, the road tax would have been approximately **£30 per year**.
£30 per year in 1984 is equivalent to approximately **£110** today.

n 1964, the average price of a house in the UK was around **£3,300**. Adjusting for inflation, this would be approximately **£60,000 to £65,000** in today's terms.

In 1964, the average cost of a bus journey per mile in the UK was approximately 3.5 pence per mile (in pre-decimal currency, this would be roughly equivalent to 8.4 old pence per mile). This figure is derived from historical transport data and economic records of the time, which indicate that public transportation costs were relatively low due to government subsidies and lower operational expenses compared to modern times.
Adjusting for inflation, **3.5 pence in 1964** would be approximately **£0.75 to £0.80** in 2025 terms.

Insurance: The average price of insurance for a Ferrari 275 GTB in the UK in 1964 is estimated to have been between £325 and £650 annually for comprehensive coverage (approximately equivalent to £7,500–£15,000 today when adjusted for inflation). For third-party coverage alone, costs may have ranged from £100–£200 annually (£2,300–£4,600 today).

In 1964, the average price of a new car in the UK was around **£624**. Adjusting for inflation, this would be approximately **£11,000 to £12,000** in today's terms.

The average price per mile of a taxi journey in the UK in 1964 was approximately 6 pence (0.025 GBP) in pre-decimal currency terms.
Adjusting for inflation, **6 pence in 1964** would be approximately **£1.05 to £1.10** in 2025 terms.