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The current (2006) figure generally given for 1938-39 to 2005 is about 50-fold. By 1941 prices had increased by about 10-15% by comparison with before WWII, so for 1941 to 2005, say about 42- to 43-fold. Please note that these figures are all very approximate and make a range of assumptions about typical expenditure then and now. Obviously, some things have risen by much more (for example, houses and real estate generally) while others have risen much less and now much cheaper in real terms (such as long-distance telephone calls).
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RossOne of the best sites to explore this is measuringworth.com. The site contains a simple tool to enter the original year, the amount of money and the desired year calculation. For example, in 1930, we find out that 1 pound was worth 47.12 using the retail price index and 192.56 using average earnings. It's a great website and highly recommended. So 100 pounds back then was worth less than 19,000 pounds today.
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