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Relative value is difficult to accurately estimate, because it depends on what criteria is used, e.g. the economy, earnings, or prices. However, the relative purchasing power can be calculated using one or more measuring comparisons. For example, using relative pricing, £ 1000 in 1880 had a buying power equivalent to about £ 71,392 in 2007, and about £74,225 in 2008. (see the related links for the calculators used)

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