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Tuesday, July 20, 2010

The price of a loaf of bread in the 18th and 19th centuries

Today 7 kilos of bread costs about $30 (this will keep our good mechanic for a week), at $900 per week that works out to 3%. So if you can't make ends meet, either you are not a good mechanic or you are buying stuff a good mechanic doesn't need.

The price of a loaf of bread in the 18th and 19th centuries: "So assuming the mechanic ate a loaf of bread a day (like some teenagers I've known) and had no family to support, his daily bread would have cost him something over a shilling a week. If he was earning ten shillings a week, that’s around 15% of his income."

What was the price of bread when you were born?
What Else is News? (price of bread, etc from 1880 to today)