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Around about £30 today based on raw inflation.

But for some things the price was much lower and for some things much higher relatively. Oats, Raw Metals, Timber etc were cheaper generally, Spices and things which would have to be imported were much more expensive.

A lot of people lived on very little hard cash, exchanging or making an growing their own food and goods.

For instance £39,268 would get you a fully rigged 46 gun frigate. The cost of a ship of war today is vastly more than £1 million pounds that a 30 times valuation would get you. But similarly a lb of Nutmeg (a fairly common spice now) would cost you £4 (£120) then.

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11y ago

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