Never underestimate the power of infaltion and compound interest! I found an oline tool (How Much Is That? | EH.Net) to get today (2004) values of historical prices. According to different valuation techniques. They calculate also pounds. For example, 1 USD the year I was born…
In 2004, $1.00 from 1977 is worth:
 |
$3.12 | using the Consumer Price Index |
|
$2.55 | using the GDP deflator |
|
$2.94 | using the unskilled wage |
|
$3.97 | using the GDP per capita |
|
$5.78 | using the relative share of GDP |
