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In 1950, the cost of living in the UK was significantly lower than today. The average annual salary was about £200, and a loaf of bread cost around 5 pence, while a pint of milk was about 4 pence. Housing costs varied, but a typical rent for a modest home could be around £5 to £10 per week. Overall, the post-war economy was characterized by rationing and recovery, impacting living expenses.

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